Correlation - correlation & regression analysis, Operation Research

Assignment Help:

CORRELATION

Correlation is  the study of the  liner relationship  between  two variable when there is a  relationship of quantitative measures between two set  of variable  the appropriate statistical tool for measuring the relationship and expressing each in a precise way is known  as correlation. For  example  there is a relationship  between  the  heights and  weights of persons demand  and prices of  commodities etc.

According  to W.I. King Correlation  means  that between  two series or groups  of data  there exists  some  relationship  connections.

According to croxton and Cowden" The appropriate statistical   tool for  discovering and  measuring  the relationship of quantitative nature and expressing it in   brief  formula is known as correlation.

The coefficient  of correlation measures the degree  of relationship  between  two set  of figures. As  the reliability  of estimates depend upon the  closeness  of the relationship it is imperative that  utmost care be taken  while  interpreting the value of coefficient of correlation  otherwise fallacious conclusion can  be draw.

 

 


Related Discussions:- Correlation - correlation & regression analysis

Research methodology, In research methodology we not only discuss the res...

In research methodology we not only discuss the research methods but also consider the logic behind the method we use in the context of our research study and explain wh

Semeter 5, explian completelly the operation reserch

explian completelly the operation reserch

Prepare an executive level financial report, Research Project I will as...

Research Project I will assign a project for your class. The following description is an example of such a project. I may select the following company, may select a different c

Linear programming, Ask question #Minimum 100 words acceptNas food produces...

Ask question #Minimum 100 words acceptNas food produces to kinds of popular dark chocolate bars. the banana and coffee. the banana bar costs 0.22 to make and sells of 0.35, where a

Markov chain models - operation research model, These models are used for a...

These models are used for analyzing a system which changes over a period of time among various possible outcomes or states. The models while dealing with such systems describe tra

LPP., A constraints in an LPP restricts? (Value of objective function,Value...

A constraints in an LPP restricts? (Value of objective function,Value of decision variable,Use of available resources, uncertainty of optimum value) please help me to find out righ

information on research done, Information on Research Done Informatio...

Information on Research Done Information on Doctoral research work already done  is available from  the followings  sources: a. Bibliography of Doctoral  Dissertations Acce

Biographies, Biographies, Handbooks and Dictionaries: Dictionaries: ...

Biographies, Handbooks and Dictionaries: Dictionaries: Dictionaries  primarily deal with all aspects of  words from  proper definitions to spellings. Webster's Third Ne

project management , Project Management Your  data need to be orga...

Project Management Your  data need to be organized in such  a way that  access to them  is both  quick  and accurate. In  achieving  this a good qualitative analysis progra

Application of the chi square test - hypothesis testing, Application of the...

Application of the chi Square Test   The  chi square distribution  has a number of applications are given  below: a.Chi Square test of goodness of fit. b.Chi square te

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