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

Percentage, there are 300 students in the sixth grade. if 40% of them were ...

there are 300 students in the sixth grade. if 40% of them were girls, how many boys were there?

Find the coordinates of the point p, Find the coordinates of the point P wh...

Find the coordinates of the point P which is three -fourth of the way from A (3, 1) to B (-2, 5).

Binomial theorem, use the expansion of (1-x)^7 to find the value of 1.998^7...

use the expansion of (1-x)^7 to find the value of 1.998^7 correct to five significant figures

Solve factors for given equations, 1/a+b+x  =1/a+1/b+1/x    a+b ≠ 0 ...

1/a+b+x  =1/a+1/b+1/x    a+b ≠ 0 Ans: 1/a+b+x  =1/a+1/b+1/x => 1/a+b+x -1/x = +1/a +1/b ⇒  x - ( a + b + x )/ x ( a + b + x )   = + a + b/ ab ⇒

Example of complex roots, Solve the subsequent IVP. y'' - 4y' + 9y = 0, ...

Solve the subsequent IVP. y'' - 4y' + 9y = 0, y(0) = 0, y'(0) = -8 Solution The characteristic equation for such differential equation is. As:  r 2 - 4r + 9 = 0

Average, A boy covered half of distance at 20km/hr and rest at 40kmlhr. cal...

A boy covered half of distance at 20km/hr and rest at 40kmlhr. calculate his average speed.

Estimates the probabilities of price changes, Mr. Hoper is in charge of inv...

Mr. Hoper is in charge of investments for the golden horizon company. He estimates from past price fluctuations in the gold market that the probabilities of price changes on a give

Geometria, un prisma retto ha per base un rombo avente una diagonale lunga ...

un prisma retto ha per base un rombo avente una diagonale lunga 24cm. sapendo che la superficie laterale e quella totale misurano rispettivamente 2800cm e3568cm ,calcola la misura

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