Part
IV: Correlation and Regression |
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The basic Pearson Product
Moment Correlation Coefficient (PPMC) can be used with
several levels of measurement of both X and Y. All of the
PPMC's are algebraically equivalent and have calculated
values that range between -1.00 and 1.00. Additional
formulas are given for computational purposes. For
example:
Note: This is essentially a chi square contingency table. Here chi square would be the test of signficance while phi is the measure of magnitude. A similar measure exists for situations where the number of rows and columns are greater than 2; however, this related measure is not a PPMC.
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