Data Journalism
In the context of data analysis and statistics, 'r' typically refers to the correlation coefficient, which measures the strength and direction of a linear relationship between two variables. This value ranges from -1 to 1, with -1 indicating a perfect negative correlation, 1 indicating a perfect positive correlation, and 0 suggesting no correlation at all. Understanding 'r' is crucial as it helps journalists interpret data relationships, conduct regression analyses, and effectively summarize statistical findings.
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