R-squared Coefficient of Determination (R²)
R-squared Coefficient of Determination (R²): R-squared is a statistical measure that represents the proportion of the variance in the dependent variable that is explained by the independent variables in a regression model. It ranges from 0 to 1, with higher values indicating a better fit. Usually >0.95 is considered statistical correlation.
= Coefficient of determination = Observed value = Predicted value = Mean of observed values = Sample size
Spearman Rank Correlation Coefficient (p)
Spearman Rank Correlation Coefficient (p): Measures the strength and direction of a monotonic relationship between two variables. A minimum absolute value of 0.95 is standard for strong correlation.
= Difference between ranks of X and Y = Number of pairs
Passing Bablok Correlation Coefficient (r)
Passing Bablok Correlation Coefficient (r): Measures the strength and direction of the linear relationship between two measurement methods using Passing Bablok regression. A minimum absolute value of 0.95 is standard for strong correlation.
= Covariance of X and Y
= Variance of X
= Variance of Y
Spearman Rank Correlation Coefficient (p)
Spearman Rank Correlation Coefficient (p): Measures the strength and direction of a monotonic relationship between two variables. A minimum absolute value of 0.95 is standard for strong correlation.
= Difference between ranks of X and Y = Number of pairs
Deming Variance Ratio (vr)
Deming Variance Ratio (vr): Quantifies the agreement between two measurement methods, considering measurement errors. A maximum allowable difference from 1 is standard.
= Variance of X = Variance of Y
Sample Correlation Coefficient (R)
Sample Correlation Coefficient (R): The sample correlation coefficient (R) quantifies the strength and direction of the linear relationship between two variables based on sample data. A min value of 0.95 is standard.
= Coefficient of Determination
Pearson Correlation Coefficient (r)
Pearson Correlation Coefficient (r): Measures the strength and direction of a linear relationship between two variables. A minimum absolute value of 0.95 is standard for strong correlation.
= Covariance of X and Y = Standard Deviation of X = Standard Deviation of Y
= Number of data points = Individual data point of variable = Individual data point of variable Y = Mean of variable X = Mean of variable Y