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Define Correlation. - Economics

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प्रश्न

Define Correlation.

व्याख्या

उत्तर

Correlation is a statistical device that helps to analyze the covariation of two or more variables. Sir Francis Galton, is responsible for the calculation of the correlation coefficient.

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Correlation
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पाठ 12: Introduction to Statistical Methods and Econometrics - Model Questions [पृष्ठ २८०]

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सामाचीर कलवी Economics [English] Class 12 TN Board
पाठ 12 Introduction to Statistical Methods and Econometrics
Model Questions | Q 25. | पृष्ठ २८०

संबंधित प्रश्‍न

In the following data one of the value of y is missing. Arithmetic means of x and y series are 6 and 8 respectively. `(sqrt(2) = 1.4142)`

x 6 2 10 4 8
y 9 11 ? 8 7

Estimate missing observation.


Calculate the coefficient of correlation for the ages of husbands and their respective wives:

Age of husbands 23 27 28 29 30 31 33 35 36 39
Age of wives 18 22 23 24 25 26 28 29 30 32

Calculate the correlation coefficient for the following data.

X 25 18 21 24 27 30 36 39 42 48
Y 26 35 48 28 20 36 25 40 43 39

Find the coefficient of correlation for the following:

X 78 89 96 69 59 79 68 62
Y 121 72 88 60 81 87 123 92

If the values of two variables move in the opposite direction then the correlation is said to be


Correlation co-efficient lies between


The correlation coefficient from the following data N = 25, ∑X = 125, ∑Y = 100, ∑X2 = 650, ∑Y2 = 436, ∑XY = 520


From the following data, N = 11, ∑X = 117, ∑Y = 260, ∑X2 = 1313, ∑Y2 = 6580, ∑XY = 2827 the correlation coefficient is


The correlation coefficient is


The variable which influences the values or is used for prediction is called


The person suggested a mathematical method for measuring the magnitude of linear relationship between two variables say X and Y is


If r = – 1, then correlation between the variables


The coefficient of correlation describes


Find the coefficient of correlation for the following data:

X 35 40 60 79 83 95
Y 17 28 30 32 38 49

Calculate the coefficient of correlation from the following data:

∑X = 50, ∑Y = – 30, ∑X2 = 290, ∑Y2 = 300, ∑XY = – 115, N = 10


Calculate the correlation coefficient from the data given below:

X 1 2 3 4 5 6 7 8 9
Y 9 8 10 12 11 13 14 16 15

A measure of the strength of the linear relationship that exists between two variables is called:


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