Degree of correlation ship - correlation regression analysi, Operation Research

Assignment Help:

Degree of  Correlation ship

1.Perfect Correlation: When  changes  in  two related variables are  exactly  proportional  there is  perfect correlation between  them. In case  the equal  proportional  changes are in the same direction there is perfect positive correlation between  the two  variables. On  the other  hand  if equal  proportional  changes  are in the reverse  direction there is perfect  negative  correlation.

2.Absence  of Correlation : In case  no interdependence exists between  the two variables  or no relationship  is found  between the changes in them  there is  absence of correlation.

3.Limited Degree of Correlation: If there are unequal  changes  in the  two variable  in the same  direction correlation is said  to be limited  positive and if there  are unequal  changes in the opposite  direction the correlation  is limited  negative. The  limited  degree of correlation can be  high moderate  low.

 

 


Related Discussions:- Degree of correlation ship - correlation regression analysi

What do you mean by linear programming problem, Q1. a. What do you mean by ...

Q1. a. What do you mean by linear programming problem? Explain the steps involved in linear programming problem formulation? b. A paper mill produces two grades of paper viz., X

Research paper, Research Paper Overview Research Topic: •    Research ...

Research Paper Overview Research Topic: •    Research the effects of federal mandates in your state.  Examples include the Americans with Disabilities Act, the No Child Left B

Numerical, A paper mill produces two grades of paper viz., X and Y. Because...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

PROBLEM , #A paper mill produces two grades of paper viz., X and Y. Because...

#A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper

Operations research, What are artificial variable why do you need them

What are artificial variable why do you need them

LPP, A paper mill produces two grades of paper viz., X and Y. Because of ra...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Concept and need for information, CONCEPT AND NEED FOR INFORMATION: W...

CONCEPT AND NEED FOR INFORMATION: We shall look at the meaning, of information as also the meaning of other related words such as data, facts, intelligence, advice, knowledge

Linear pograming, application area of linear programing problem

application area of linear programing problem

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