What is the interpretation of the Spearman rho correlation if the range is between 0.40 to 0.69?

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What is the interpretation of the Spearman rho correlation if the range is between 0.40 to 0.69?
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The Spearman rho correlation coefficient, also known as Spearman's rank correlation coefficient, is a non-parametric measure of statistical dependence between two variables. It assesses how well the relationship between two variables can be described using a monotonic function.

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