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Coefficient of correlation rho_AB measures the co-movement between two random variables A and B. If rho_AB = 1, A and B would move in perfect

Coefficient of correlation rho_AB measures the co-movement between two random variables A and B. If rho_AB = 1, A and B would move in perfect synchronicity. If rho_AB = 0, then they would move in completely opposite directions.

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