Economy, asked by mehakjotkaur24, 6 months ago

what is the significance of correlation​

Answers

Answered by aarti225566
10

Explanation:

69 Testing the Significance of the Correlation Coefficient. The correlation coefficient, r, tells us about the strength and direction of the linear relationship between X1 and X2. The sample data are used to compute r, the correlation coefficient for the sample.

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Answered by neetidahiya543
2

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

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