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

Understand Correlation, its types and various methods of arriving correlation including Rank Correlation
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  • Lectures 13
  • Length 1.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 9/2015 English

Course Description

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.

What are the requirements?

  • Basic Knowledge of Statistics

What am I going to get from this course?

  • Understand Correlation
  • Understand types of Correlation
  • Understand various approaches to calculate Correlation
  • Understand Rank Correlation

Who is the target audience?

  • Students who have basic knowledge in Statistics
  • Students pursuing CA / CMA / CS / Higher Secondary / Statistics courses

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Introduction
Scatter Diagram
Section 2: Types of Correlation
Types of correlation
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
Section 3: Correlation of Grouped Data
Correlation grouped data
Section 4: Rank Correlation
Rank correlation
Rank Correlation in case of tie of ranks
BONUS LECTURE - Discount Coupon Link For Other Courses
8 pages

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Instructor Biography

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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