What is the meant by correlation? Give its importance in statistics.

Asked by Last Modified  

Follow 3
Answer

Please enter your answer

Correlation is a technique that can show whether and how strongly pairs of variables are related.
Comments

Economist

Correlation shows the relationship between 2 or more variables. Correlation is a ratio which lie between -1 to 1. Example Relationship between Income and Expenditure.
Comments

Related Questions

I have just entered class 11. How should I start preparing for the IIT-JEE and board exams?
It is just the suitable time to begin your JEE and Board exam preparation. Start studying from NCERT books. They are a pre-requisite and will build a foundation for competitive exams. Divide the number...
Neha
0 0
7
Is it necessary to join the coaching for PCM (Class 11)?
If you are from ICSE or cbse board then you can read physics and chemistry at home and take tution for maths only. But if you are from West Bengal board.. you can take tution for PCM. This is because some...
Mukundan
Should I join a coaching institute in the 11th class or do self-study?
There two factors in this: 1. Why do you think you should join coaching? Let me reframe- Do you think you need coaching? What do you intend to achieve form it? 2. What are your subjects? If you are studying...
Gene
0 0
8

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Recommended Articles

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

While schools provide formal education to the children, the home is where they start learning about things informally. Parents think that schools will take the initiative to educate their children. Well, this is partially true, as parents also play an essential role in bringing up their child. For the development of particular...

Read full article >

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

Appearing for exams could be stressful for students. Even though they might have prepared well, they could suffer from anxiety, tension etc. These are not good for their health and mind. However, following a few exam preparation tips can save them from all these and help them to score good marks. Let’s find out all...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you