CORRELATION AND REGRESSION
Positive and Negative Correlation
Graphs of Positive and Negative correlation:
Positive Correlation
The correlation in the same direction is called positive correlation. If one variable increase other is also increase and one variable decrease other is also decrease. For example, the length of an iron bar will increase as the temperature increases.
Negative Correlation
The correlation in opposite direction is called negative correlation, if one variable is increase other is decrease and vice versa, for example, the volume of gas will decrease as the pressure increase or the demand of a particular commodity is increase as price of such commodity is decrease.
by: J-Lynn Ramos
No comments:
Post a Comment