153x Filetype PPTX File size 0.06 MB Source: www.gangainstitute.com
Contents Meaning of correlation What is partial correlation? Properties of partial correlation coefficient Co-efficient of Partial determination Regression and Multiple Regression equation Co-efficient of determination What is an error? Determining F-ratio Calculating Co-efficient of Multiple Auto Correlation Preferences 2 Meaning of correlation Relation or connection between two or more things (in general sense) Interdependence of variable quantities (statistically) 3 Order of correlation Zero order correlation 12, 13, 23, ……… First order correlation , , , ……… 12.3 13.2 23.1 Second order correlation , , ……… 12.34 13.24 4 For Zero order correlation, = 12− 1 2 12 2 2 2 1 − 1 2 − 2 2 1 13− 1 3 3 = 2 2 1 − 1 2 3 − 3 An 2 − d 2 23 2 3 3 2 2 2 2 = 2 − 2 3 − 3 5 What is partial correlation co-fficient? Relationship between two variables keeping the other variable constant/fixed • Relation between X1 and X2 keeping X3 constant is denoted by: • Similarly, means relation between X1 and X3 keeping X2 and so on 6
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