CORRELATION COEFFICIENTS

 

 

You are to work through the slide show and answer the questions as you go along.  This exercise is not a race but a learning process, so take your time and make sure that you understand each slide.

 

 

Slides

 

 

Questions

 

Answers

112

 

 

 

 

What do you understand by the term ‘correlation’?

 

112 113

What is meant by positive and negative correlation?

Illustrate your answer with a sketch graph.

 

114

What is meant by a correlation coefficient of +1?

 

115

What is meant by a correlation coefficient of 1?

 

116

What is meant by a correlation coefficient of 0?

 

117

What does a correlation coefficient of 0.5 mean?

 

Summarise slides 118 and 119.