Answer to Question #271548 in Management for Vishvakash

Question

2. Calculate the correlation between pairs (recommended below) of the following variables and write interpretation for each correlation coefficient. (Note: For the following pairs, correlation can be calculated using EXCEL.) (10 Marks)

Recommended Pairs:

1. Correlation between ‘number of female migrants for work/ employment’ v/s ‘Number of male migrants for work/ employment

2. Correlation between ‘number of female migrants _ Education’ v/s ‘Number of male migrants _Education’

3. Correlation between ‘number of female migrants _ Business’ v/s ‘Number of male migrants _ Business’

4. Correlation between ‘number of female migrants _ Marriage’ v/s ‘Number of male migrants _marriage’

Answer 1

When two pairs travel in a similar path, there is a favorable relationship; when they travel in opposing directions, there is a negative correlation; and when they move arbitrarily with no discernible link, there is no correlation. A negative correlation, also known as an inverted connection, is a relationship that exists between two variables.

Calculating your correlation pairs of persons is the most distinctive approach to stay current on their trend and power. This may appear to be a challenging task, but it is pretty straightforward. Correlations for a significant range of variables may be easily computed using technology.