I am using the Kendall function in R to do the correlation between (Vi, Ni) where Vi is a continuous variable (volume of stream flow in a reservoir) and Ni is a discrete/count variable (frequency of the stream flow above a defined threshold).

How should we interpret the below correlation results between (Vi, Ni)?

tau = 0.950, p = 0.546, n = 17

Is it "there is no significant positive correlation between two variables even though the tau value is very high?” I am not sure how to interpret this when the tau value is very high.

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