Coefficient of correlation denoted, Mathematics

Assignment Help:

Coefficient of Correlation Denoted

There are two methods which measure the degree of correlation among two variables these are denoted by R and r.

(a) Coefficient of correlation denoted by r, this gives a measure of the strength of association among two variables one the dependent variable the other the independent variable r can range between -1 and +1 for perfect positive correlation and perfect negative correlation respectively along with zero indicating no relation that is for perfect positive correlation y increase linearly along with x increment.

(b) Rank correlation coefficient denoted by R is utilized to measure association among two sets of ranked or ordered data.  R can also vary from +1, perfect positive rank correlation and -1 perfect negative rank correlation whereas O or any type of number near zero representing no correlation.


Related Discussions:- Coefficient of correlation denoted

Solids, a can of soup is shaped like wich solid

a can of soup is shaped like wich solid

What is factoring of polynomials, What is Factoring of Polynomials? Fac...

What is Factoring of Polynomials? Factoring means much the same thing for polynomials as it does for integers. When you multiply several polynomials together, The polyn

Vector, uses of vector in daly life

uses of vector in daly life

Shares, a person having rs.10 shares of value rs.6000 in a company which pa...

a person having rs.10 shares of value rs.6000 in a company which pays a 7% dividend invested the money gained by selling those shares and bought rs.25 shares at rs.24 per share in

Find the Regular Grammar for the following Regular Expressio, Find the Regu...

Find the Regular Grammar for the following Regular Expression: a(a+b)*(ab*+ba*)b.

What is the width of the walkway in feet, A garden in the shape of a rectan...

A garden in the shape of a rectangle is surrounded through a walkway of uniform width. The dimensions of the garden only are 35 by 24. The field of the garden and the walkway toget

Sphere and cone, How tall does a cone with diameter of 10 inches have to be...

How tall does a cone with diameter of 10 inches have to be to fit exactly half of a sphere with a diameter of 10 inches inside it?

Mathematical laboratory, how to reverse positive digit number using mod fun...

how to reverse positive digit number using mod function

The Theory of Set, Set M= {m''s/m is a number from 5 to 10}

Set M= {m''s/m is a number from 5 to 10}

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