1ypes of CorrelaLlon

9oslLlve CorrelaLlon
When two var|ab|es move |n the same d|rect|on then the corre|at|on between these two
var|ab|es |s sa|d to be os|t|ve Corre|at|on When the va|ue of one var|ab|e |ncreases the
va|ue of other va|ue a|so |ncreases at the same rate
-egaLlve correlaLlon
n th|s type of corre|at|on the two var|ab|es move |n the oppos|te
d|rect|onWhen the va|ue of a var|ab|e |ncreases the va|ue of the other
var|ab|e decreases
9erfecL poslLlve correlaLlon
When there |s a change |n one var|ab|e and |f there |s equa| proport|on of change
|n the other var|ab|e say |n the same d|rect|on
then these two var|ab|es are sa|d to have a erfect os|t|ve Corre|at|on
9erfecLly negaLlve correlaLlon
etween two var|ab|es k and |f the change |n k causes the same amount of
change |n |n equa| proport|on but |n oppos|te d|rect|on
then th|s corre|at|on |s ca||ed as erfect|y Negat|ve Corre|at|on
ero correlaLlon
When the two var|ab|es are |ndependent and the change |n one var|ab|e has no
effect |n other var|ab|e then the corre|at|on between these two var|ab|e |s
known as 2ero Corre|at|on