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CORRELATION

Satyanarayana Swamy
26/11/2018 0 0

If the change in one variable effect, the difference in another variable is called correlation.

TYPES OF CORRELATION:

1. Positive Correlation

2. Negative Correlation

1) Positive Correlation: Increase in one variable lead to increase the other variable or decrease in one variable leads to a reduction in the other variable is called positive correlation.

Ex: Heights and weights of a group of persons

2) Negative Correlation: Increase in one variable lead to a decrease in the other variable or decrease in one variable point to an increase in the other variable is called negative correlation.

Ex: Supply and price of a commodity

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