Graphic methods - correlation regression analysis, Operation Research

Assignment Help:

Graphic Methods

a.Scatter Diagram: Scatter  diagram  is a special  type of dot chart.  Under  this methods  the given data are  plotted in  a graph  paper  in the form of  dot. For each  pair of  or x and y values  we plot a dot( or  point) and thus  we obtain  many  dots equal in number of observation. If now these  plotted dotes  or points  show some  trends  either  upwards or downwards then the two variables  ( x and y) are said to  be correlated or otherwise not correlated. If  again  the trend of points  is upwards  moving  from  lower left hand corner to upper right hand corner then correlation is positive  ( r=+1) r is  coefficient  or correlation. On the  other hand if movement is reverse i, e,  dots  move  from  upper  left hand  corner  to lower right  hand corner then correlation  is negative (r= -1). The  idea  will be  clear from  diagram given  below:

1802_Graphic Methods.png

 

                    Positive Correlation                    Negative  Correlation

 

In fig (a) the values  of the two  variable  move in the same  direction the correlation is  positive and r= 1.

 In figure (b) we  find  negative  correlation and r= 1 as the values  move in  reverse direction.

 In figures (c) we dont  get any  trend  lying  and heance it shows  the  absence  of correlation  and r= 0.

 

 


Related Discussions:- Graphic methods - correlation regression analysis

Mccolvin''s principles, McColvin's Principles: L.R McColvin advanced h...

McColvin's Principles: L.R McColvin advanced his Demand and Supply Theory of Book Selection in 1925. He states, "Books in themselves are nothing. They have no more meaning tha

Books - report writing presentation , Books a. One author : Authors...

Books a. One author : Authors  last name  first name title  of books place of publication: publisher copyright data page numbers used. b. Two Author : First  author  la

Government documents - classification of documents, Government Documents: ...

Government Documents: Government  publications are the official documents brought out at government expense. They are the records of activities of the (1) Executive, (2) Legis

Web based emergency operations center, You are the emergency manager for Ch...

You are the emergency manager for Cheyenne County in a western state. Cheyenne County is located mid-way between two major urban areas and has historically been a rural county. The

Merits - correlation regression analysis , Merits a.It is simple  to ...

Merits a.It is simple  to understand  and easy  to calculate. b.It is very  useful  in the  case of data which  are of  qualitative nature  like  intelligence  honesty  be

Duality, Formulation of convert to primal method to dual in lpp

Formulation of convert to primal method to dual in lpp

Use of the graphs, Use  of the Graphs a . It simplifies  the complexi...

Use  of the Graphs a . It simplifies  the complexities of large numbers  or that of  large mass  of data. In general  graphical  or some  other method or representation  is ad

Regression line - correlation regression analysis, Regression Line The...

Regression Line The line  of regression  is the  line  which give the best  estimate  to the  values  of one  variable  for any  specific  values  of other  variable. For t

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