I am trying to find correlation/association between two categorical vectors. I tried using Chi2, but it does not have a predefined upper limit or lower limit. This is when I found Tschuprow's T and Cramer's V. Now, I have many questions in this regard, and I would appreciate all help
I am looking for some metric that is as usable and informative as Pearson correlation or Spearman correlation and having 0-1 limits for the score.