Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Correlation
The correlation is commonly used and a useful statistic used to describe the degree of the relationships between two or more variables. Pearson's correlation reflects the degree of linear relationship between X variables which are independent and a Y variable which is independent and it ranges from positive 1 to negative 1 (+1 to -1). Below are statistics I have managed to gather which shows the relationship between the variables of wfood, totexp, income, age, nk.
The Null Hypothesis - H0: Correlation has risen by chance i.e. r = 0
The Alternative Hypothesis - H1: Correlation has not risen by chance i.e. r ≠ 0
*Exception: Reject H0 when P-value ≤ α = 0.05
Correlations: wfood, totexp, income, age, nk
wfood totexp income age
totexp -0.479 0.000
income -0.235 0.449
0.000 0.000
age 0.021 0.189 0.218
0.405 0.000 0.000
nk 0.102 0.071 0.025 0.008
0.000 0.005 0.322 0.753
Cell Contents: Pearson correlation
P-Value
Problem : A company supplying electrical products, places a rush order for electric wires. Consignments of wires are to be sent immediately when they are available. Previous
Type of Variable in Regression Analysis There are two types of variable in regression analysis. These are: a. Dependent variable b. Independent variable
Correlation Analysis Correlation Analysis is performed to measure the degree of association between two variables. The measure is called coefficient of correlation. The coeffic
Large Sample Test for Proportion A random sample of size n (n > 30) has a sample proportion p of members possessing a certain attribute (success). To test the hypothesis that t
Testing of Hypothesis One objective of sampling theory is Hypothesis Testing. Hypothesis testing begins by making an assumption about the population parameter. Then we gather
#quesgraphical representation of data
Ask Describe What-if Analysis
worked model
practical application of standard error
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
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd