April 6, 2024, 6:23 p.m. | Tim Sumner

Towards Data Science - Medium towardsdatascience.com

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What if you were told there exists a new way to measure the relationship between two variables just like correlation except possibly better. More specifically, in 2020 a paper was published titled A New Coefficient of Correlation[1] introducing a new measure which equals 0 if and only if the two variables are independent, 1 if and only if one variable is a function of the other, and lastly has some nice theoretical properties allowing for hypothesis …

correlation data data analysis data science image independent paper relationship statistics variables

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