Economy, asked by asudabinoy624, 3 months ago

Which method of correlation is the simplest way to calculate

Answers

Answered by Rudra7361
0

Answer:

Simple correlation is a measure used to determine the strength and the direction of the relationship between two variables, X and Y. A simple correlation coefficient can range from –1 to 1. However, maximum (or minimum) values of some simple correlations cannot reach unity (i.e., 1 or –1).

Answered by SyAbSa
0

Correlation coefficients are used to measure how strong a relationship is between two variables. There are several types of correlation coefficient, but the most popular is Pearson’s. Pearson’s correlation (also called Pearson’s R) is a correlation coefficient commonly used in linear regression.

Similar questions