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

441_Correlation coefficient.png


Related Discussions:- Correlation coefficient

Maths, whats 100 + 90 - 6

whats 100 + 90 - 6

Solve the fractional equation, Solve the fractional equation: Example...

Solve the fractional equation: Example: Solve the fractional equation 1/(x-2) +1/(x+3) =0 Solution: The LCD is (x - 2)(x + 3); therefore, multiply both sides of t

Assignment, Is there any assignment work available for mathematics?

Is there any assignment work available for mathematics?

What is factorial, Q. What is Factorial? A factorial is a number with a...

Q. What is Factorial? A factorial is a number with a factorial sign, !, after it. 5! is read "five factorial." 3! is read "three factorial." The factorial of a natural

Find the sides of hypotenuse , The hypotenuse of a right triangle is 20m. ...

The hypotenuse of a right triangle is 20m. If the difference between the length of the other sides is 4m. Find the sides. Ans: APQ x 2 + y 2 = 202 x 2  + y 2 = 400

Some important issue of graph, Some important issue of graph Before mov...

Some important issue of graph Before moving on to the next example, there are some important things to note. Firstly, in almost all problems a graph is pretty much needed.

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