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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 coefficient of correlation is also said to be a measure of covariance between two series. Of the several mathematical methods of measuring correlation, the Karl Pearson's method, popularly known as Pearson's coefficient of correlation is most widely used in practice.
while the Statistic r is given by r =
A simple formula is
r
The correlation coefficient describes not only the magnitude of the correlation but also its direction.
Types of business forecasting are generally as follows: 1. Sales and Demand forecasts 2. Porduction forecasts. 3. Cost Forecasts 4. Financi
how do you find if two way or one way
The file Midterm Data.xls has a tab labeled "Many vs. S&P" which presents historical price data for several assets, a volatility condition (VIDX = 1 if the NYSE volatility is grea
Show how the Normal bin width rule can be modi ed if f is skewed or kurtotic. Examine the effect of bimodality. Compare your rules to Doane's (1976) extensions of Sturges' rule.
Use the given information to find the P-value. The test statistic in a two-tailed test is z = 1.49 P-value = (round to four decimal places as needed)
1. Calculate the mean and mode of: Central size 15 25 35 45 55 65 75 85 Frequencies 5 9 13 21 20 15 8 3 The following data shows the monthly expenditure of 80 students of
A study was conducted to determine the amount of heat loss for a certain brand of thermal pane window. Three different windows were randomly subjected to each of three different ou
What is an interaction? Describe an example and identify the variables within your population (work, social, academic, etc.) for which you might expect interactions?
"index number is an economic barometer" comment on this statement
Apl.send me nots on hypothesis testing sk question #Minimum 100 words accepted#
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