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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.
Simple Line Graphs a. Simple Histogram A simple histogram is a techniques used plotting a time series on the graph paper. The data are arranged according to the time
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#question.Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0.
Case Study - Attitude Measurement National Kitchens For several years the management of national kitchens a diversified packaged foods manufacturer had been watch
Graphical Solution Procedure sample assignment and solved questions, free examples and solved homework samples for Graphical Solution Procedure in operation research. Question
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
make a research project for modern day companies on how they can make decisions using decision analysis
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RANK SUM TEST THE MANN WHITNEY U - TEST Mann Whitney u test is an alternative to the samples test. This test is based on the ranks of the observation of two samples pu
REPORT WRITING The final step in research is to report the study findings to those who authorized the investigation. The American marketing association is of the opinion t
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