Degree of correlation ship - correlation regression analysi, Operation Research

Assignment Help:

Degree of  Correlation ship

1.Perfect Correlation: When  changes  in  two related variables are  exactly  proportional  there is  perfect correlation between  them. In case  the equal  proportional  changes are in the same direction there is perfect positive correlation between  the two  variables. On  the other  hand  if equal  proportional  changes  are in the reverse  direction there is perfect  negative  correlation.

2.Absence  of Correlation : In case  no interdependence exists between  the two variables  or no relationship  is found  between the changes in them  there is  absence of correlation.

3.Limited Degree of Correlation: If there are unequal  changes  in the  two variable  in the same  direction correlation is said  to be limited  positive and if there  are unequal  changes in the opposite  direction the correlation  is limited  negative. The  limited  degree of correlation can be  high moderate  low.

 

 


Related Discussions:- Degree of correlation ship - correlation regression analysi

Categories, what are the operation research?

what are the operation research?

MB0048, A paper mill produces two grades of paper viz., X and Y. Because of...

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

Distribution methods, 1: explain vogel''s approximation method? 2: explain ...

1: explain vogel''s approximation method? 2: explain optimality test?

Preparation of visual aids , Preparation of visual Aids ,Handouts and Feedb...

Preparation of visual Aids ,Handouts and Feedback Forms It is   always  better to prepare  visual  aids much  in advance of the presentation. Leaving  them for the  last mo

Ge, Ask question #Minimum 100 words what can engineer planner do in métallu...

Ask question #Minimum 100 words what can engineer planner do in métallurgie accepted#

Determine the required factors of production in a company, 1)  Provide a de...

1)  Provide a description of the required factors of production, grouping them according to whether the factors of production are a) Fixed and hence unlikely to vary much accord

MODI method, explain the procedure of MODI method of finding solution throu...

explain the procedure of MODI method of finding solution through optimaly test.

Operation research, Discuss the methodology of operation research

Discuss the methodology of operation research

Sample size in non propbability- sampling decisions, Sample Size in Non Pro...

Sample Size in Non Propbability The probability  selection does not apply  to purposive  selection. The size  of the  non  probability samples  is selected  in a subjective ma

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