Correlation coefficient, Mathematics

Correlation coefficient

- These are numerical measures of the correlations existing between the independent and the dependent variables

- These are better measures of correlation than scatter diagrams or graphs

- The range for correlation coefficients lies between negative (-ve) 1 and positive (+ve) 1. A correlation coefficient of positive (+1) show that there is perfect positive correlation. A value of negative (-ve) implies that there is perfect negative correlation. A value of 0 implies no correlation at all

- Given chart will be found useful in interpreting correlation coefficients

                                                730_Correlation coefficient.png

There are generally two types of correlation coefficients normally used that is:

Posted Date: 2/18/2013 4:57:45 AM | Location : United States







Related Discussions:- Correlation coefficient, Assignment Help, Ask Question on Correlation coefficient, Get Answer, Expert's Help, Correlation coefficient Discussions

Write discussion on Correlation coefficient
Your posts are moderated
Related Questions
Give an examples of Simplifying Fractions ? When a fraction cannot be reduced any further, the fraction is in its simplest form. To reduce a fraction to its simplest form,

Discuss mareketing core concepts analysing how they are used in marketing hospitality product




Introduction: "Mathematical literacy is an individual's capacity to identify and understand the role that mathematics plays in the world, to make well-founded judgments, and t

By using the above data compute the quartile coefficient of skewness Quartile coefficient of skewness = (Q3 + Q1 - 2Q2)/(Q3 + Q1)                                The positio

How do get help with my work? should i just type it in this box...? sorry thanks!

Lisa was assigned 64 pages to read for English class. She has ?nished of the assignment. How many more pages must she read? If Lisa has read 3/4 of the assignment, she has 1/4