explain the meaning of correlation
Answers
Answer:
The three main points of correlation with reference to its definition :
==>The term correlation is used with statistical functions, to refer to the == movement of two or more variables on a consequence provided by function in study.
==> The correlation basically occurs when two elements have harmony in variation, this harmony is dependent, i.e., stabilization of one depends on the position of the other.
==> The operation of a correlation is very easy to appreciate in a graphic way, since lines that comprise indicate movement of the statistical study, if he defends or decreases steadily there is a correlation between the variables, but if this at some point breaks, you lose the sense.
Explanation:
An example of course, an investor makes a statistical analysis and graphic assets, takes as its main variables the value of the investment, the amount that has earned him as gain and time that used to make this succeed. If sales of the product are favorable, in the stipulated time, earnings unrepentant over, but with the same sense of the projection that was initially made to perform the calculation. There is correlation with statistics, the investor is happy, because the action is favorable, this correlated.