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Coefficient of Determination
The coefficient of determination is given by r2 i.e., the square of the correlation coefficient. It explains to what extent the variation of a dependent variable is expressed by the independent variable. A high value of r2 shows a good linear relationship between the two variables. If r = 1 and r2 = 1, it indicates a perfect relationship between the variables.
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Standard Error The measure of reliability of the estimating equation that we have developed is given by standard error of estimate. The standard error of estimate represented b
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Correlation Analysis Correlation Analysis is performed to measure the degree of association between two variables. The measure is called coefficient of correlation. The coeffic
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