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Statistics and Correlation (for CA / CMA / CS / CFA Exams)

Understand Correlation, its types and various methods of arriving correlation including Rank Correlation
3.3 (5 ratings)
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Last updated 10/2016
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  • 1 hour on-demand video
  • 3 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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Welcome to the course Statistics and Correlation.

In this course, you will learn about Correlation in Statistics.

Correlation is a statistical measure that indicates to what extent two or more variables fluctuate together. This information is very much relevant in business decision making and this course will teach you

a) How to Compute Correlation?

b) What are the types of Correlation?

c) How to arrive at Corrrelation Coefficient using various methods?

d) How to arrive at Correlation in case of grouped data?

e) How to arrive at Rank Correlation.

This course will cover both the above concepts through

i) Explanation Lecture

ii) Practical Case Studies.

This course is structured in self paced learning style.

This course is suitable for Finance as well as Non Finance Students who would like to understand dispersion from the average data and its analysis.

Students taking up professional courses like CA / CMA / CS can take this course to understand this topic covered in their foundation level exams.

Under graduate students who have taken up Bachelor of Commerce, B Sc (Statistics) can also take this course.

Who is the target audience?
  • Students who have basic knowledge in Statistics
  • Students pursuing CA / CMA / CS / Higher Secondary / Statistics courses
Students Who Viewed This Course Also Viewed
What Will I Learn?
Understand Correlation
Understand types of Correlation
Understand various approaches to calculate Correlation
Understand Rank Correlation
View Curriculum
  • Basic Knowledge of Statistics
Curriculum For This Course
Expand All 13 Lectures Collapse All 13 Lectures 01:24:28
2 Lectures 10:55

Scatter Diagram
Types of Correlation
7 Lectures 38:04

Correlation computation

Case Study - Correlation Compuation
1 page

Correlation Compuation through First Approach

Correlation Computation through Second Approach

Case Study - Correlation Computation Thrid
1 page

Correlation Computation through Thrid Approach
Correlation of Grouped Data
1 Lecture 05:48
Correlation grouped data
Rank Correlation
3 Lectures 19:41

Rank Correlation in case of tie of ranks

BONUS LECTURE - Discount Coupon Link For Other Courses
8 pages
About the Instructor
4.3 Average rating
611 Reviews
29,338 Students
80 Courses

I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.

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