11

Correlation

Prerequisites

Before you start reading this unit, you should:

  • Know calculating mean and standard deviation for a given data
  • Know some basic ideas of plotting graph and draw inference from a graph

Learning Objectives

After going through this unit, you would be able to:

  • Understand the importance and limitations of correlation analysis
  • Know the difference between linear and nonlinear correlation, positive and negative and simple, partial, and multiple correlation
  • Know how and whether variables are correlated through shatter display
  • Calculate correlation coefficient for univariate and bivariate distributions
INTRODUCTION

In the earlier chapters, we have seen variables that are dependent on one another. Now in this chapter let us ...

Get Probability, Statistics and Random Processes now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.