Using an insight from Information Theory, we devised a new metric – the
x2ymetric – that quantifies the strength of the association between pairs of variables.
x2ymetric has several advantages:
It works for all types of variable pairs (continuous-continuous, continuous-categorical, categorical-continuous and categorical-categorical)
It captures linear and non-linear relationships
Perhaps best of all, it is easy to understand and use.
I hope you give it a try in your work.
Author(s): Rama Ramakrishnan
Publication Date: 15 April 2021
Publication Site: R Views