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Correlation
2 students

Correlation

“Discovering Relationships Between Variables”
Last updated 7/2025
Hindi

What you'll learn

  • Understanding the Concept of Correlation
  • Degree of Correlation
  • Types of Correlation
  • Methods of Measuring Correlation
  • Karl Pearson’s Coefficient of correlation
  • Calculation of correlation by Direct Method
  • Spearman’s Rank Difference Method
  • Spearman’s Ranking method
  • Calculation of Correlation Coefficient
  • Interpretation of Results
  • Difference Between Correlation and Causation
  • Practical Applications of Correlation
  • Graphical Representation
  • Limitations of Correlation Analysis
  • Use of Technology in Correlation Analysis
  • Practical Problems and Solution
  • Illustration for better understanding

Course content

2 sections • 13 lectures • 7h 2m total length
  • Introduction29:00
  • Lecture - 235:12
  • Lecture - 338:34
  • Lecture - 441:44
  • Lecture - 531:00
  • Lecture - 637:45
  • Lecture - 730:21
  • Lecture - 832:02
  • Lecture - 922:41

Requirements

  • Basic Knowledge of Statistics
  • Understanding of Data Types
  • Simple Mathematical Skills

Description

Course Description:

Meaning of Correlation

Examples of correlation

(i) Rain : Agricultural product = Relation

(ii) Supply : Price = Relation

(iii) Age : Playing Habit = Relation

(iv) Temperature : Sale of ice cream = Relation

(v) Temperature : Sale of Mobile = Relation

(vi) Weight : Height = Relation


Correlation and Cause-effect relationship

1. One variable may act upon the other

2. The two variables may act upon each other

3. The two variables may be acted upon by outside influences

4. A high correlation coefficient may be derived due to sheer coincidence


Degree of Correlation

Karl Pearson’s Coefficient of correlation

Meaning of Karl Pearson’s Coefficient of correlation

Karl Pearson’s Coefficient of correlation by Calculation of correlation by Direct Method

Karl Pearson’s Coefficient of correlation by Calculation of correlation by Shortcut Method

Karl Pearson’s Coefficient of correlation In discrete and continuous series  Or

Correlation in Bivariate frequency distribution      Or

Correlation in grouped series

Some Important Questions for Practice


Spearman’s Rank Difference Method

Meaning of Spearman’s Rank Difference Method

Spearman’s Ranking method

Problem of Similar marks


Probable Error

Meaning of Probable Error

Some Important practical problems for Practice


Meaning of Correlation :

The term correlation indicates the relationship in between two such variables in which with change in the value of one variable, the values of the other variable also changes. It is likely that such relationship may be obtained in two series relating to the height and weight of a group of a person. This analysis is a statistical procedure by which we can determine the degree of association or relationship between two or more variables.


Many Practical Problems with Solution

Many Illustration for better understanding

Who this course is for:

  • Any Student who pursuing in B,com M,com BBA MBA 11th & 12th Commerce C.A. C.S. and C.M.A.