How do you choose the best correlation coefficient for your data?
Correlation coefficients are numerical measures of how strongly two variables are related. They can help you understand the patterns, trends, and associations in your data, and support or reject your hypotheses. But how do you choose the best correlation coefficient for your data? In this article, you will learn about the different types of correlation coefficients, their assumptions, limitations, and interpretations, and how to select the most appropriate one for your analysis.