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Statistical Methods Overview

1. Spearman's rank correlation coefficient (Rs) measures the strength and direction of association between two ranked variables. It ranges from -1 to 1. 2. The concurrent deviation method calculates the correlation coefficient (Rc) by summing the product of concurrent deviations of each observation from its mean. It also ranges from -1 to 1. 3. Karl Pearson's product moment correlation coefficient (Rp) measures the strength of a linear relationship between two continuous variables. It is calculated using the covariance divided by the product of the standard deviations. Rp also ranges from -1 to 1.

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0% found this document useful (0 votes)
30 views1 page

Statistical Methods Overview

1. Spearman's rank correlation coefficient (Rs) measures the strength and direction of association between two ranked variables. It ranges from -1 to 1. 2. The concurrent deviation method calculates the correlation coefficient (Rc) by summing the product of concurrent deviations of each observation from its mean. It also ranges from -1 to 1. 3. Karl Pearson's product moment correlation coefficient (Rp) measures the strength of a linear relationship between two continuous variables. It is calculated using the covariance divided by the product of the standard deviations. Rp also ranges from -1 to 1.

Uploaded by

Nisarga 1221
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CORRELATION AND REGRESSION

I .
Spearman's Rank Correlation [R] -1 < Rx 1

d Mx Rx R 1 6 [20 Y, z( 7)]
-
= - -
= .

R
-

c .
+ = z (M) (M2
-

1) n (n-- 1)
M-no. of times the data is repeated

2 .

Concurrent Deviation Method [RC] -14 Rc< 1


=
+ Ve
C:no. of positive concurrent deviation 2c -
m - +
ve - Rc
RC =
I 2c -
m
m:n-1 2c -
m - -

ve - Rc =
-
VE
>
m

2 m-
=
c
= -
1

Rc =
1
c =

M/z - Rc = 0

3 .
Karl Pearson's Method 8]-1rx 1

& i .
Product movement correlation method .

ii. Covariance method .

OR
y)
~COV
TYPE A ,
= xy -
x

I .
U =
corn y) , I .
v = Ty-y) . U = 2(x- x)cy-5)

6u6y n6x6y "I(y 5)


x12 -
2

I .
W = nEXY -
EXIY

(x)2 nEy2-(EY)2

be 7x 10 b 7
TYPE B u
Way
=

= + =

ruv
Ibloll v =
- 34 +
150 = -
3

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