Methodological and Applicative Problems of using Pearson Correlation Coefficient in the Analysis of Socio-Economic Variables

Daniela Dănăcică ()

Romanian Statistical Review Supplement, 2017, vol. 65, issue 2, 148-163

Abstract: The aim of this paper is to focus on the methodological and applicative problems that Pearson correlation coefficient may arise when used to analyzing the relationship between socio-economic variables. Using real data we empasized the effect of the most important factors influencing the size and interpretation of Pearson coefficient and we presented the special cases of this statistics and their usefulness

Keywords: correlation; Pearson coefficient; size; linearity (search for similar items in EconPapers)
JEL-codes: C01 C18 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rsr:supplm:v:65:y:2017:i:2:p:148-163

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