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# Correlation Analysis Assignment Help

Updated: May 10, 2022

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What is Correlation Analysis ?

Correlation Analysis is a statistical method that is used to identify if there is a relationship between two variables, and how strong that relationship is between two variables.

Correlation analysis examines quantitative data collected through research methods like surveys and polls to see whether there are any correlations, patterns, or trends between the two.

### Correlation Coefficients

There are three different way of statistical correlation according to:

• Spearman

• Kendall

• Pearson

Each coefficient represents the result as r. Two coefficients Spearman and pearson are mostly used for analytical formulae but it depends on the data

Types of Correlation :

• Positive Correlation

• Negative Correlation

• No Relation .

Positive correlation : A positive correlation is a relationship between two variables that tend to move in the same direction.

Negative correlation : Negative correlation is a relationship between two variables in which one variable increases as the other decreases

No Correlation : No correlation exists when there is no relationship between two variables.

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