Economy, asked by physicist3307, 11 months ago

Explain karl pearson's coefficient of correlation in economics

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Answered by AzzyLand
1

❧Hi my dear friend,

Definition: Karl Pearson's Coefficient of Correlation is widely used mathematical method wherein the numerical expression is used to calculate the degree and direction of the relationship between linear related variables. ... The coefficient of correlation is denoted by “r”.

~Thank you☙

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