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
Formation of Continuous Frequency Distribution: Continuous frequency distribution is most popular in practice. With reference to the formation of this type of frequency distr
Exercise: (Binomial and Continuous Model.) Consider a binomial model of a risky asset with the parameters r = 0:06, u = 0:059, d = 0:0562, S0 = 100, T = 1, 4t = 1=12. Note that u
Scatter Diagram The first step in correlation analysis is to visualize the relationship. For each unit of observation in correlation analysis there is a pair of numerical value
Zinc is a trace element and it is important in wound healing, building up the immune system and DNA synthesis. The data in Table 1 represents the zinc intake (in milligrams) for a
Lorenz Curve It is a graphic method of measuring dispersion. This curve was devised by Dr. Max o Lorenz a famous statistician. He used this technique for wealth it i
Meaning and Definitions of Regression The dictionary meaning of regression is just opposite the meaning of progression. Progression means to move forward while regression means
Show how the Normal bin width rule can be modied if f is skewed or kurtotic. Examine the effect of bimodality. Compare your rules to Doane's (1976) extensions of Sturges' rule.
.what job can you after offering that course
In the context of multivariate data analysis, one might be faced with a large number of v&iables that are correlated with each other, eventually acting as proxy of each other. This
Features of index numbers
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