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Correlating binary variables

• To: mathgroup at smc.vnet.net
• Subject: [mg70272] Correlating binary variables
• From: mickey <micky at hotmail.com>
• Date: Wed, 11 Oct 2006 01:53:21 -0400 (EDT)
• Organization: Ohio State University

Hi,

I have a problem where I am trying to find the correlation between a 
series of binary variables.

10101000101010010
11010010100101001
01010010100100101

and so on. What is good way of going about this? Linear regression 
doesnt seem to be that good a way of doing things when both variables 
are binary.

Thanks,
-M