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

Reasearch on software design, Write a research paper in relation to a Softw...

Write a research paper in relation to a Software Design related topic. Diagrams and drawing of attention to key points through highlighting, bulleting etc is encouraged. Questi

Scientific methods, Royce A. Singleton and Bruce C. Straits have said tha...

Royce A. Singleton and Bruce C. Straits have said that scientific social research consists of the process of formulating and seeking answers to question about the social wor

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

Use of t -tables - hypothesis testing , Use of t -tables            ...

Use of t -tables            Similar  to normal  curve  tables  there  exist t- distribution  tables. However  whereas the properties of  the normal  curve are constant for all

Complete decision making process , Operation research is only a Tool of Ana...

Operation research is only a Tool of Analysis and Not the Complete Decision making Process: It should always be kept in mind that O. R alone cannot make the final decision . it

SMU 2nd Semester, A paper mill produces two grades of paper viz., X and Y. ...

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

Policies, POLICIES, NORMS AND STANDARDS: Information source; building,...

POLICIES, NORMS AND STANDARDS: Information source; building, an important function of the library, should be based on sound policies and programmes.  The basic question of

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

Disadvantages of Mode a.It is  ill defined. b.It is  indefinite  and it is  some cases impossible  to find a definite  value. c.It is not based on all observation. So  i

Help me please , This year Jan Rich, who is ranked number one in women''s s...

This year Jan Rich, who is ranked number one in women''s singles in tennis, and Marie Wacker, who is ranked number three, will play 4 times. If Marie can beat Jan 3 times, she will

Linear programming simplex method, How to solve linear programming problems...

How to solve linear programming problems using simplex method introducing slack variable,surplus variable and artificial variable

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