Skip to Main Content
Business Statistics, Second Edition
book

Business Statistics, Second Edition

by J. K. Sharma
November 2006
Intermediate to advanced content levelIntermediate to advanced
744 pages
29h 18m
English
Pearson India
Content preview from Business Statistics, Second Edition

Chapter 13

Correlation Analysis

LEARNING OBJECTIVES

After studying this chapter, you should be able to

  • express quantitatively the degree and direction of the covariation or association between two variables.

  • determine the validity and reliability of the covariation or association between two variables.

  • provide a test of hypothesis to determine whether a linear relationship actually exists between the variables.

Nothing is good or bad by comparison.

–Thomas Fuller

13.1 INTRODUCTION

The statistical methods, discussed so far, are used to analyse the data involving only one variable. Often an analysis of data concerning two or more quantitative variables is needed to look for any statistical relationship or association between them that can ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Statistics for Business

Statistics for Business

Derek Waller
Statistics for Finance

Statistics for Finance

Erik Lindström, Henrik Madsen, Jan Nygaard Nielsen

Publisher Resources

ISBN: 9789332503434