Correlation Coefficient CalculatorCorrelation Coefficient Calculator is an online statistics tool for data analysis specifically programmed to find out the statistical relationship between two or more objects or variables or set of data DefinitionCorrelation Coefficient is a vital aspect used to calculate how strong the correlation of two quantities is? The dependence between two measures is obtained by dividing the covariance of the two variables by the multiplication of their standard deviations and is represented mathematically by corr(X, Y). The well known measure of dependence is Pearson's correlation. The μ_{x} and μ_{y} represents the mean of the data set X and Y respectively. The σ_{x} and σ_{y} represents the standard deviation of the data set X and Y respectively Correlation CoefficientThe Correlation Coefficient of data set can be derived from the formula

