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Measures of Association as Additional Statistics
- How powerful is the association between your categories?
- Are they really good predictors?
- This is similar to evaluating the magnitude of an r2 (r = Pearson's correlation coefficient) where as the value approaches 1.0, you achieve better and better prediction.
- There are different measures of association (as these statistics are called) depending on the type of data that you have.
- Data type refers to the classic distinctions:
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