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What are the limitations of using Pearson's correlation coefficient to measure the relationship between two variables?

What are the limitations of using Pearson's correlation coefficient to measure the relationship between two variables?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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What are the limitations of using Pearson's correlation coefficient to measure the relationship between two variables?
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Introduction

Pearson's correlation coefficient is a commonly used statistical method to measure the linear relationship between two continuous variables. It provides a value between -1 and 1 that indicates the strength and direction of the relationship. Despite its popularity, Pearson's correlation coefficient has certain limitations that must be considered when interpreting the results. In this answer, we will highlight some of the key limitations of using Pearson's correlation coefficient.

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