How do I interpret r values? Ppl usually say <3 is weak, 4-6 is medium, and 7+ is strong, but that this is dependent on field - but i can't find anybody saying more about how this changes per field! I'd love to see a chart of what's a medium strength across different fields
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You’re very welcome.
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To be really precise, r^2 (as in squaring the r value) tells you what percentage of the variance in the dependent variable is predicted by your chosen independent variables.
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Ok, yes. Thank you for the correction.
End of conversation
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