title: What does correlation coefficient actually represent
body: <p>What does correlation coefficient intuitively mean? If I have a series of X and then a series of Y, and if I input these two into Weka multilayer perceptron treating Y as the output and X as input, I get a correlation coefficient as 0.76. What does this intuitively represent, and how I explain this to a business man or a non-techie person?</p>