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Cramér’s V...
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Medium

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Cramér’s V: How to Quantify Strength Between Categories

  • Cramér’s V is a statistic that quantifies the association strength between categorical variables.
  • Understanding the relationship between categorical variables is crucial in data science and machine learning.
  • Cramér’s V can be used to guide decision-making in personalized marketing and product design.
  • This guide provides a deep dive into Cramér’s V, including its definition, computation, and real-world applications.

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