Economy, asked by LoveDose01, 6 months ago

Explain the merits and demerits of Karl Pearson’s coefficient of correlation?

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Answered by deveshreem

Answer:

The following are the chief points of merit that go in favour of the Karl Pearson's method of correlation: This method not only indicates the presence, or absence of correlation between any two variables but also, determines the exact extent, or degree to which they are correlated.

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