📖 Properties of Y
Range: −1 ≤ Y ≤ +1
Y = +1: Perfect positive association (√bc = 0, i.e., b=0 or c=0)
Y = −1: Perfect negative association (√ad = 0, i.e., a=0 or d=0)
Y = 0: No association (ad = bc, i.e., independence)
Symmetric: Y(A,B) = Y(B,A)
Unit-free: Pure number, no units