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Noun phi coefficient has 1 sense
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Definitions from the WebPhi CoefficientThe Phi coefficient is a statistical measure used to determine the degree of association or correlation between two binary variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation, 0 indicates no correlation, and 1 indicates a perfect positive correlation. Senses and Usages:Sense 1: Noun (Statistics): A measure of association between two binary variables, indicating the correlation between them. Example Sentence 1: The phi coefficient calculated for the variables "gender" and "favorite color" showed a weak correlation. Related Products: Sense 2: Noun (Mathematics): The letter "φ" used to represent the golden ratio, which is approximately equal to 1.61803398875. Example Sentence 2: The phi coefficient, denoted by the symbol "φ," has significant applications in various mathematical and scientific fields. Related Products: | ||||
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