spearman's rank correlation coefficient

What are the Interpretations of Spearman's Rank Correlation Coefficient?

- Value Range: Spearman's ρ ranges from -1 to 1.
- +1: A perfect positive association.
- -1: A perfect negative association.
- 0: No association.
- Strength of Association:
- 0 to ±0.3: Weak correlation.
- ±0.3 to ±0.7: Moderate correlation.
- ±0.7 to ±1.0: Strong correlation.

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