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Correlation Integral |
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Correlation IntegralThe probability that two points are within a certain distance from one another. Used in the calculation of the correlation dimension.Correlation Integral Similar MatchesCorrelation resultCorrelation resultA theoretical property of models with arbitrary numbers of goods or other variables that takes the form of a correlation among variables rather than a strict prediction for each one. Thus represents a weaker average relationship among the variables. Used for comparative advantage and other preperties of trade models in higher dimensions. CorrelationCorrelationStatistical measure of the degree to which the movements of two variables (stoc../../finance-glossary/optio../../finance-glossary/convertible prices or returns) are related. See: Correlation coefficient. Correlation coefficientCorrelation coefficientA standardized statistical measure of the dependence of two random variables, defined as the covariance divided by the standard deviations of two variables. AutocorrelationAutocorrelationThe correlation of a variable with itself over successive time intervals. Sometimes called serial correlation. CorrelationCorrelationA measure of the extent to which two economic or statistical variables move together, normalized so that its values range from -1 to +1. It is defined as the covariance of the two variables divided by the square root of the product of their variances. The correlation is used in trade theory to express weak relationships among economic variables. Further SuggestionsCorrelation Dimension |
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