Business Studies, asked by pzala27, 7 months ago

Explain the concept of correlation .What is the basic difference between : I. Linear & non linear correlation II. Positive & Negative correlation 300 to 500 word minimum

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Answered by kirankhunte
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Answer:

in statistics, correlation or dependence is any statistical relationship, whether causal or not, between two random variables or bivariate data. In the broadest sense correlation is any statistical association, though it commonly refers to the degree to which a pair of variables are linearly related.

in a negative correlation, the variables move in inverse, or opposite, directions. In other words, as one variable increases, the other variable decreases. ...

When two variables have a positive correlation, it means the variables move in the same direction. This means that as one variable increases, so does the other one

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