How to Calculate and Interpret a Correlation (Pearson's r)

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  • Опубликовано: 22 авг 2024
  • This video covers how to calculate the correlation coefficient (Pearson’s r) by hand and how to interpret the results. Here we use the 'definitional formula' for calculating the correlation, as it is the easier of the two methods. It also makes more sense intuitively than the computational approach to calculating the correlation coefficient.
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Комментарии • 57

  • @pinalina5600
    @pinalina5600 Год назад +10

    Love the constant reassurance: "it seems complicated but it's not that bad, let me walk you through it" Yes please walk me through it.

  • @marie-fe5qh
    @marie-fe5qh 4 года назад +27

    Thank you for presenting a simplified explanation of correlation. This helps a lot in my research. Keep it up!

  • @aliabrishami706
    @aliabrishami706 4 года назад +14

    Finally I got one of the hardest thing in stats! Thanks a lot!

  • @tropapips320
    @tropapips320 5 лет назад +10

    Thanks to you. You made the hard thing easy and very interesting!

  • @bashirissack8653
    @bashirissack8653 Год назад

    Thanks for ur explanation on correlation and confections it add a lot of value to my learning

  • @chikwandamulenga2137
    @chikwandamulenga2137 11 месяцев назад

    this is beautifully done

  • @theodoresweger4948
    @theodoresweger4948 4 года назад +1

    Thank you so much, I cannot say why but I've had a hard time with this and some of the explanations went over my head, this was very simple and easy to understand the process. I have done a little tottering in math and I'm sure you cannot please everyone. This process really gets you on the ground and if you feel you need to go deeper you will be ready to handle it. Thank you again.

  • @SnezhannaPankratova
    @SnezhannaPankratova 3 года назад

    Thanks! I like how you go step by step!

  • @anthonycarbonaro7890
    @anthonycarbonaro7890 5 лет назад +8

    Why not show the correlation equation at the beginning?

  • @zaoher2556
    @zaoher2556 2 года назад

    Thanks for the Calculations of the Correlation (Pearson's) that was awesome. I am really excited, it's very hard to understand when I see it in the first time. But when I got into it. That's easy to understand. Thank you so much.

  • @raymondbenny8322
    @raymondbenny8322 2 года назад

    Thank you so much. It helps me to get down my assignment.

  • @bazlfatima843
    @bazlfatima843 5 лет назад +3

    Don't you have to divide the standard deviation by n-1 before square rooting it, so it would be SSx/n-1 ie, 10/4. Also for the final formula the denoinator includes n, making it n*SSx*SSy

    • @almezamorra1021
      @almezamorra1021 3 года назад

      He just simplified everything. Since if you divide SSx by n-1, that would basically mean that you would have to use Covariance instead of Cross Sum. What he did is basically cancelling n-1 from the numerator and the denominator.

  • @theboys8947
    @theboys8947 4 года назад +1

    Thank you so much! This explanation is much easier to understand! Helped save my grade hahah

  • @gabepierce8427
    @gabepierce8427 4 года назад +2

    this was so helpful thank you very much

  • @sarinaonthego14
    @sarinaonthego14 2 года назад

    THANK YOU SO MUCH!

  • @xiongly435
    @xiongly435 3 года назад

    Wow- you explained it all in 1 module o..........o and made it so easy

  • @louisebell2918
    @louisebell2918 2 года назад

    Such a helpful video. Thank you.

  • @waleedsaleem606
    @waleedsaleem606 5 лет назад +2

    Thank you so much!! You made it so simple

  • @romanvasiura6705
    @romanvasiura6705 Год назад

    Thank you!

  • @diamant6022
    @diamant6022 2 года назад

    Thank you so much. It helped me a lot

  • @DimphoTsaModimo
    @DimphoTsaModimo 3 года назад

    Thank you soooo much! Much appreciated!!

  • @megtmatthews
    @megtmatthews 4 года назад +1

    Very helpful. Thanks!

  • @iam-drake
    @iam-drake 8 месяцев назад

    so i added up the varience that's the the deviated numbers and tried squaring them but they'er not giving me the same X value, i've made sure of it to know where the error is from but i'm obviouslly correct because i've cross checked more than 7 times now.

  • @ochukasamwel3429
    @ochukasamwel3429 2 года назад

    Thanks so much

  • @Steven-ey5xt
    @Steven-ey5xt 6 лет назад +8

    theres no interpreting in this video

  • @KM-lf5be
    @KM-lf5be 3 года назад

    wonderful.... a very clear explanation.

  • @peaceloveawsomeness
    @peaceloveawsomeness 6 лет назад +1

    THANK YOU SO MUCH!!! this is what exactly i needed. I followed along with a problem from my textbook and i got it right thank you!!!!

  • @mytong5338
    @mytong5338 3 года назад

    Thank you for a great video. Very easy to follow.

  • @joeyswoles
    @joeyswoles 4 года назад +3

    That was a great explanation thank you

  • @samuelnkansah9723
    @samuelnkansah9723 5 лет назад +2

    This was very insightful

  • @tetlleyplus
    @tetlleyplus 6 лет назад +2

    Awesome! great lecture!

  • @Benchmark243
    @Benchmark243 Год назад

    Thank you

  • @prasadkj7667
    @prasadkj7667 2 года назад

    Very nice explanation, we can learn very easily in this way. Thank you.

  • @wreetchyl24
    @wreetchyl24 3 года назад

    What happen if the mean of x and y has decimal point? Plus the sum of all the mean of x and y is not equal to zero , 🥲🥲🥲

  • @ZuleikhaPAli
    @ZuleikhaPAli 4 года назад

    Thanks you. This is very useful

  • @jeanchaaly3307
    @jeanchaaly3307 3 года назад

    Many thanks for this video, is it possible explain how to find the spread between pairs ?

  • @rikkihatfield7766
    @rikkihatfield7766 6 лет назад

    Simple and easy to understand.

  • @joriandekorte
    @joriandekorte 2 года назад

    If I put this in SPSS, it gives -1. How's that possible?

  • @strangerdawnvods
    @strangerdawnvods 5 лет назад

    The thing is, how do you find N? On the table there is (3,5), but I don't see the reason why the 5 of the third term, is N. It doesn't look to be a mean to anything either. Or, what is N really?

  • @rashikanda9240
    @rashikanda9240 3 года назад

    How do I calculate average correlation in excel (I have monthly performance data for 10 hedge funds)?

  • @yessaminalvarez2733
    @yessaminalvarez2733 5 лет назад +1

    THANK YOU!!!!

  • @GardenStateSM
    @GardenStateSM 5 лет назад +2

    what happens when you have N=200

  • @colpireduro9255
    @colpireduro9255 2 года назад

    How to find the x and y sir?

  • @mamtabkbk6292
    @mamtabkbk6292 6 лет назад +1

    Thank you sir

  • @nansubugaresty9450
    @nansubugaresty9450 3 года назад

    You made it for me

  • @simontannor6509
    @simontannor6509 3 года назад

    THANKS

  • @evodiakhalisee1584
    @evodiakhalisee1584 5 лет назад

    crystal clear

  • @johnmandrake8829
    @johnmandrake8829 3 года назад

    awesome

  • @user-vx5vp7ig4t
    @user-vx5vp7ig4t 3 года назад

    nice

  • @user-je4xw6tx3k
    @user-je4xw6tx3k 4 года назад

    when i move my mouse, i found it doesn't work.

  • @kassysaucedi6184
    @kassysaucedi6184 2 года назад

    this is impossible. I keot getting incorrect answers.

  • @zofhiasmith5367
    @zofhiasmith5367 2 года назад

    8:54 how did u get -9/10 =‐9

  • @vadimkorontsevich1066
    @vadimkorontsevich1066 2 года назад

    good explanation thnx.
    but are you recording this video being drunk? you are talking so drunk -styled, that it seems to me, that the next moment you will fall asleep

  • @billyjoe7816
    @billyjoe7816 3 года назад

    What type of witchcraft is this