Correlation coefficient, Mathematics

Assignment Help:

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:


Related Discussions:- Correlation coefficient

Differentiate functions h (t ) = 2t5 + t2- 5 / t2 , Differentiate f...

Differentiate following functions.                       h (t ) = 2t 5 + t 2 - 5 / t 2 We can simplify this rational expression as follows.                       h (t )

Find the volume of a cylinder of radius r, Find the volume of a cylinder of...

Find the volume of a cylinder of radius r and height h. Solution : Here, as we mentioned before starting this illustration we actually don't require using an integral to get t

Introduction , what states and marketing tasks?

what states and marketing tasks?

1, how do you find the perimeter of an equalateral triangle

how do you find the perimeter of an equalateral triangle

Differance between expanded notation vs. standard notation , Differance bet...

Differance between Expanded Notation vs. Standard Notation ? A number written in expanded notation is broken down into parts just like it is in a place-value table. Example

Find out the hydrostatic force on the triangular plate, Find out the hydros...

Find out the hydrostatic force on the following triangular plate that is submerged in water as displayed. Solution The first thing to do here is set up an axis system

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd