Economy, asked by navjeetr2004, 2 months ago

Define the term correlation.Also give significance of correlation.

Answers

Answered by Anonymous

1

Correlation is a term that is a measure of the strength of a linear relationship between two quantitative variables
The correlation coefficient, r, tells us about the strength and direction of the linear relationship between X1 and X2. The sample data are used to compute r, the correlation coefficient for the sample.

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