The coefficient of correlation measures the degree of relationship between two sets of figures. As the reliability of estimates depends upon the closeness of the relationship it is imperative that utmost care be taken while interpreting the value of coefficient of correlation otherwise fallacious conclusion be drawn.


The coefficient of correlation measures the degree of relationship between two sets of figures. As the reliability of estimates depends upon the closeness of the relationship it is imperative that utmost care be taken while interpreting the value of coefficient of correlation otherwise fallacious conclusion be drawn.