Daniela-Emanuela Dănăcică
Faculty of Economics, Constantin Brâncuși University of Târgu-Jiu
Abstract
The aim of this paper is to focus on the methodological and applicative problems that Pearson correlation coefficient may arise when used to analyzing the relationship between socio-economic variables. Using real data we empasized the effect of the most important factors influencing the size and interpretation of Pearson coefficient and we presented the special cases of this statistics and their usefulness.
Keywords: correlation, Pearson coefficient, size, linearity
JEL Classification: C18, C01
