Cramers V (Chapter 5) measures dependence and varies from 0 to 1. The correlation also measures dependence

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Cramer’s V (Chapter 5) measures dependence and varies from 0 to 1. The correlation also measures dependence but varies from - 1 to + 1. Why doesn’t it make sense for V also to take on negative values?

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Statistics For Business Decision Making And Analysis

ISBN: 9780134497167

3rd Edition

Authors: Robert A. Stine, Dean Foster

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Question Posted: Nov 29, 2018 04:58 AM

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Cramers V (Chapter 5) measures dependence and varies from 0 to 1. The correlation also measures dependence

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Cramers V measures association between c...View the full answer

Statistics For Business Decision Making And Analysis

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