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The correlation coefficient quantifies the strength and direction of a linear relationship between two continuous variables. Values close to +1 or -1 indicate a strong positive or negative relationship, respectively, while values near 0 suggest a weak or no linear relationship. Calculating the correlation coefficient is particularly useful in EDA as it helps analysts understand potential dependencies between variables, which can influence modeling and feature selection decisions. This metric is essential for identifying patterns that might not be evident through simple visualization. Option A is incorrect as histograms display frequency distribution, not relationships. Option B is incorrect because box plots are used to display distribution and identify outliers, not relationships. Option D is incorrect as pie charts are used for categorical data proportions, not continuous variable relationships. Option E is incorrect because line plots are for trends over time, not relationship strength between two variables.
Mughal ruler, Aurangzeb died in which year?
Until which year is the National Quantum Mission (NQM) being implemented, as approved by the Union Cabinet?
The intervention by the monetary authority of a country in the money market to keep the money supply stable against external shocks is called _______.
_________is the oldest public-sector bank of India.
A train running at a speed of 108 km/h crosses a pole in 32 seconds. What is the length of the train?
Which statement correctly reflects the feature of BBPS?
I - The Bharat Bill payment system is a Reserve Bank of India ( RBI ) conceptualised s...
Prithviraj Raso, an epic poem about the life of the 12th century Indian king, Prithviraj Chauhan, was written by:
When is Indian Army Day celebrated every year?
Anwar Ibrahim sworn in as tenth prime minister of which of the following country?
Which of the International airports has signed a pact with Noida International Airport Limited (NIAL) for the development of an airport at Jewar, Uttar ...