Answer to Question #238067 in Economics for kavi

Question

 

(b)      Ten students got the following percentage of marks in Economics and Statistics.

Apply KARL PEARSON’S method Calculate the coefficient of correlation.

Answer 1

Pearson's correlation criterion is a method of parametric statistics that allows you to determine the presence or absence of a linear relationship between two quantitative indicators, as well as to assess its closeness and statistical significance. In other words, the Pearson correlation test allows you to determine whether one indicator changes (increases or decreases) in response to changes in another?