MP Board · Class 11 · Economics · CorrelationWhich of the following methods is a graphical method of studying correlation?
Step-by-Step Solution
Scatter diagram is a graphical method where data points are plotted on a graph to visually inspect the correlation between two variables.
Detailed Options Breakdown
Option : Karl Pearson's method
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Correlation.
Option 1: Spearman's rank method
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Correlation.
Option 2: Scatter diagram method (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 3: Least squares method
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Correlation.
💡 Study Guide: This question tests core syllabus concepts from Correlation. For formulas, key summaries, and mock exam reference guides, read the full Correlation Revision Notes.