Pearson's correlations and dichotomous pairs?

Posted by Robert-126 on Nov 15, 2006; 10:38pm
URL: http://spssx-discussion.165.s1.nabble.com/Pearson-s-correlations-and-dichotomous-pairs-tp1072140.html

It is my understanding that when Pearson's Correlation is used, SPSS (v13
and later) will calculate the exact correlation regardless of whether the
variables are continuous or dichotomous.  So in case of a pair of
dichotomous variables, SPSS will "automatically" compute using phi . . .
can anyone confirm if this is true or not?

Many thanks,
Robert