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Data and Decisions

Case 1
Multiple Correlation analysis

MAX. SPEED PEAK POWER


  PRICE (mph) (bhp)
PRICE 1    
MAX. SPEED (mph) 0.845646 1  
PEAK POWER (bhp) 0.88188 0.76226507 1
 r₁₂ = 0.845
 r₁₃ = 0.8818
 r₂₃ = 0.7622

Manual calculation:
Interpretation:
Therefore, there exists very strong positive correlation between the variables.
Mohammed Yaseen Qureshi
PES1202202920
MBA ‘C’ Section

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