How to Calculate Pearson's Correlation Coefficient (r) | Product-Moment Correlation Coefficient

This video explains how to find the Pearson's Correlation Coefficient which describes the strength of the linear relationship between two variables x and y. What is a Pearson correlation? The Pearson correlation analyses the linear relationship between two variables. With the help of the Pearson correlation coefficient r which is between -1 and 1 we can determine: How strong the correlation is and in which direction the correlation goes. 00:00 Introduction 00:22 What is Pearson's Correlation Coefficient? 01:51 Interpretation of Pearson's Correlation Coefficient, r 05:10 Example on Calculating Pearson's Correlation Coefficient 17:05 End The Pearson's Correlation Coefficient is commonly used and tested in Statistics, Mathematics, Research Methods, Economics, and Social Sciences. Step-by-step instructions for calculating the correlation coefficient (r) for sample data, to determine in there is a relationship between two variables. If this video helps you: 👍Like the video :    / @bakomaths   🔔 Subscribe for more :    / @bakomaths   💬 Comment your questions or topics you want next :    / @bakomaths   Pearson correlation coefficient, product moment correlation coefficient, how to calculate Pearson r, correlation coefficient explained, statistics tutorial, Pearson r example, correlation in statistics, math tutorial, statistics for students, Pearson's Correlation Coefficient in Research Methods, Pearson's Correlation Coefficient in Economics, Pearson's Correlation Coefficient in Social Sciences, Pearson's Correlation Coefficient in Statistics, Pearson's Correlation Coefficient in Mathematics.