WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from the Web

Order Correlation Matrix

Description:

An order correlation matrix is a mathematical matrix that represents the correlation between a set of variables in a specified order. It is commonly used in statistical analysis and research to determine the relationship between different variables and understand their interdependencies.

Senses:

1. As a noun: A matrix representing the strength and direction of correlation between variables.

Usages:

Popular: In finance, order correlation matrices are utilized to analyze the correlation between stocks or assets, assisting in portfolio diversification and risk management.

Local: In the field of biology, order correlation matrices are employed to understand the interplay between genes and identify co-regulated gene sets.

Sample Sentences:

1. The order correlation matrix revealed a strong positive relationship between the variables X and Y.
2. Financial analysts extensively use order correlation matrices to determine the optimal allocation of assets.
3. Researchers discovered significant differences in the order correlation matrix of cancer patients compared to healthy individuals.

Related Products:

Explore books and resources related to order correlation matrices on Amazon:

• Order Correlation Matrix Books
• Order Correlation Matrix Statistics