Correlation Coefficient
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The correlation coefficient measure of how closely a best-fit curve matches the given data.
Correlation coefficient is a college-level concept that would be first encountered in a probability and statistics course. It is an Advanced Placement Statistics topic and is listed in the California State Standards for Probability and Statistics.
Prerequisites
| Least Squares Fitting: | A mathematical procedure for finding the best-fitting curve to a given set of points by minimizing the sum of the curve's squared offsets from the data. |