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What does it mean when we say that the correlation coefficient for two variables is -1? What does it mean if this value were zero? What does it mean if it were +1?
Correlation is measured by the correlation coefficient that is symbolized by the letter r. The correlation coefficient be able to take on values between +1.0 (perfect positive correlation) to -1.0 (perfect negative correlation). The closer r is to +1.0 the more the two variables will tend to move by each other at the same time. The closer r is to -1.0 the more the two variables will be liable to move opposite each other at the same time. An r value of zero specifies that the variables' values are not related at all. This is recognized as statistical independence.
Global Economy: The size of the world stock market grew steadily in the 1970s and 1980s and crossed the $12 trillion figure in 1993. The share of the US market decreased tremen
Q. Explain about Types of costs? Thus two types of costs are involved in keeping cash balance in a business- (i) Opportunity Cost (ii) Transaction Cost When cash balan
What is Financial Management? Anybody can describe it.
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what is the relationship between industry pe and comapny''s pe?
what is the major value of the weighted cost of capital calculation for the firm?
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Analysing performance through ratios Ratios are an effective way of analysing financial statements. A ratio is 2 figures compared to each other and can either be in absolute te
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