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​What is an advantage of the correlation coefficient over the covariance?
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​What is an advantage of the correlation coefficient over the covariance?

User Farman Ali Khan
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The advantage of the correlation measure over the covariance measure is that correlation is unit-free but covariance is not. Covariance is sensitive to the values of x and y. The correlation coefficient has been normalized and is unit-free.
User Praveen Kalal
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