Question: Cramers V (Chapter 5) measures dependence and varies from 0 to 1. The correlation also measures dependence but varies from - 1 to + 1.

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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