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what is formula of correlation Related: Correlation & Co-Efficient, B...
Correlation is very helpful to investigate the dependence between two or more variables. As an example we are interested to know whether there is an association between the weights of fathers and son. correlation coefficient can be calculated to answer this question.
If there is no relationship between the two variables (father and son weights), the average weight of son should be the same regardless of the weight of the fathers and vice versa.
There are different methods to perform correlation analysis : Pearson, Kendall and Spearman correlation tests.
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what is formula of correlation Related: Correlation & Co-Efficient, Business Mathematics & Statistics? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about what is formula of correlation Related: Correlation & Co-Efficient, Business Mathematics & Statistics? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is formula of correlation Related: Correlation & Co-Efficient, Business Mathematics & Statistics?.
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