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

Correlation - correlation & regression analysis, Normal 0 false...

Normal 0 false false false EN-IN X-NONE X-NONE

Advantages of mode - measure of central tendency, Advantages of Mode ...

Advantages of Mode a.It is easy to understand  as well as easy  to calculate. In  can be found out by  inspection. b.It is  usually an exacta value  as it  occurs most fre

Lcd projectors - reoprt writing presentation , LCD Projectors  LCD...

LCD Projectors  LCD projectors  are several  steps  ahead of conventional OHPs. These  projectors  are more  compact  and more  powerful  and can  be directly  linked to a

TRANSPORATION PROBLEM, sOLVE THE FOLLOWING D1 D2 D3 SUPPLY s1 2...

sOLVE THE FOLLOWING D1 D2 D3 SUPPLY s1 2 2 3 10 s2 4 1 2 15 s3 1 3 1 40 Demand 20 15 30

OR, Models in OR

Models in OR

Decide upon the objective , Decide upon  the Objective  What is it...

Decide upon  the Objective  What is it that you  aim to  achieve  the end  of the  presentation ? your  objective  should  be crystal  clear. Do  not stray or move  a ways

Ranganathan''s principles, Ranganathan's Principles: Perhaps it would ...

Ranganathan's Principles: Perhaps it would be worthwhile to consider the Five Laws of Library Science of Dr. S. R. Ranganathan as the basic guidelines for formulating the obje

Mba , in a rectangular game pay off matrix of player a is as follows ...

in a rectangular game pay off matrix of player a is as follows B1 B2 A1 5 7 A2 4 0 salve the game write down the pay off matrix of B and then solve the ga

Model, disadvantages of model in operational research

disadvantages of model in operational research

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

.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

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