Name | Definition |
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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 |
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) | 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 |
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) | 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 |
R-squared (R²) Coefficient | 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 |