By considering all the three parameters describing Pythagorean fuzzy set, we introduce a new technique of computing correlation coefficient between Pythagorean fuzzy sets from statistical perspective. The correlation coefficient value obtain via this technique shows strength of correlation between the Pythagorean fuzzy sets and indicates whether the Pythagorean fuzzy sets under consideration are related negatively or positively in contrast to other existing correlation coefficient approaches in Pythagorean fuzzy context, which only assess the strength of relationship. Certain numerical examples are considered to ascertain the authenticity of this method over similar techniques studied in intuitionistic/Pythagorean fuzzy contexts. Some pattern recognition problems are resolved with the aid of the new technique. For higher productivity sake, this technique could be approached from an object-oriented perspective.