CBSE BoardEnglish MediumSTD 11 CommerceEconomicsCorrelation3 Marks
Question
Differentiate between degree and direction of correlation.
✓
Answer
Degree of correlation measures the extent to which items are correlated. Nearer is the value of r to 1 higher is the degree of correlation, nearer is the value of r to zero, closer is the value of r to zero. Direction is indicated by sign of + or - A + sign indicates positive correlation- i.e. when x increases, y increases and vice verca and a - sign shows negative correlation i.e. when x increases, y decreases and vice versa.
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