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
It is the catch all force. If there are some other forces which we decide we need to act on our object we lump them in now and call this good. We classically call F(t) the forcing

briefly explain how the famous equation for the loss of heat in a cylindrical pipe is derived


In this section we will be searching how to utilize Laplace transforms to solve differential equations. There are various types of transforms out there into the world. Laplace tran



A polynomial satisfies the following relation f(x).f(1/x)= f(x)+f(1/x). f(2) = 33. fIND f(3) Ans) The required polynomial is x^5 +1. This polynomial satisfies the condition state

What is the Elimination technique of Linear Equations?

What is the ratio of the cone''s volume to the cylinder''s volume

When there are 4 dots how many chords are they