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Mathematics and Statistics · Class 11 Commerce

Ch 14Correlation — Class 11 Mathematics and Statistics, concept-first.

In earlier chapters we studied a single variable at a time — its average, its spread, its skewness. Very often, though, two variables move together: as the amount spent on advertising rises, sales tend to rise; as the price of a good rises, the quantity demanded tends to fall; as a student's study hours rise, marks ten…

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Meaning and Types of Correlation

In earlier chapters we studied a single variable at a time — its average, its spread, its skewness. Very often, though, two variables move together: as the amount spent on advertising rises, sales ten…

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Scatter Diagram

The simplest way to see correlation is to plot the paired observations as points on a graph, with one variable on the horizontal () axis and the other on the vertical () axis.

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Karl Pearson's Coefficient of Correlation

A scatter diagram shows direction but not an exact strength. Karl Pearson's coefficient of correlation, denoted (or ), measures the degree of linear correlation between two variables by a single numbe…

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Spearman's Rank Correlation Coefficient

Sometimes the data are not exact measurements but ranks — the order in which judges place competitors, or the positions of students in two subjects.

Exercises

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