What is meant by correlation ? Explain the types of correlation.
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Correlation can be positive, negative, or no correlation. Positive correlation means that as one data set increases, the other data set increases as well. ... No correlation means that the two sets of data are not related at all.
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Correlation
In statistics, a perfect negative correlation is indicate by the value -1, 0 indicates for no correlation, +1 indicates for perfect positive correlation. It is used to find the relationship between datas.
Negative Correlation:
- Negative correlation the relation between two variables one variable increase the other variable going on decrease. It is represent by-1.
Positive Correlation:
- In positive correlation the relation between two variables one variable increase the other variable is too increase. It is represent by 1.
No correlation:
- It is a linear correlation. Possible for x and y to be intimately related, yet have zero correlation. It is represent by 0.
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