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 ...