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A measure of the degree of association among a pair of variables.

6 votes
2 answers
386 views

What is the famous data set that looks totally different but has similar summary stats?

There is a famous example of a collection of datasets with similar summary statistics like mean, standard deviation etc., whose visual appearances are totally different. It is named after the famous s …
raco's user avatar
  • 369
3 votes
1 answer
3k views

Instability of one-pass algorithm for correlation coefficient

What should I know about the instability of the Pearson product-moment correlation coefficient? When might I experience problems using this calculation? … I will quote the following Wikipedia article for some background information: http://en.wikipedia.org/wiki/Pearson_product-moment_correlation_coefficient#Mathematical_properties The Pearson correlation
raco's user avatar
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