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point-biserial correlation

John,
correlation, and had just tried your code for the following data:
The biserial correlation includes a correction that assumes that the 
dichotomous variable is a discretization of some latent normally distributed 
variable. Of course, any departure from this assumption may result in 
meaningless correction and values outside [-1;1] may be observed.

As to what a "good" correlation is, you should not judge of it by reference to 
some a priori fixed value, as it depends upon sample size. Look at the 
p-value.


Yvonnick Noel, PhD.
U. of Lille 3
FRANCE