Referring to Measures of Association How to Choose
The paper states that for the association between a polychotomous nominal variable and a continuous variable;
If the nominal variable has more than two levels, then one can calculate the point-biserial correlation between the continuous variable and all possible pairs of levels of the nominal variable; this would result in such coefficients, where k represents the number of levels of the nominal variable. For further reading, see Tate.
However, the paper doesn't state what to do with the point-biserial correlations of all the pairs of levels. I want an aggregated metric between the two variables. Would taking the arithmetic mean of the coefficients suffice?