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Another look at the maximum entropy correlation coefficient
Authors:Henri Theil  Sartaj A Kidwai
Institution:University of Florida, Gainesville, FL 32611, USA
Abstract:A simulation experiment based on 10,000 trials shows that the Fisher transform of the maximum entropy correlation coefficient has a smaller bias than that of the sample correlation coefficient when the parent correlation ρ satisfies |ρ|?0.8, and a smaller root-mean-square error when |ρ|?0.95.
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