Syllabus
Practical
- Correlation coefficient, various types of correlation coefficients, partial and multiple, testing of hypotheses;
- Multiple linear regression analysis, partial regression coefficients, testing of hypotheses, residuals and their applications in outlier detection;
- Handling of correlated errors, multi collinearity;
- Fitting of quadratic, exponential and power curves, fitting of orthogonal
Unit I
Theory
Introduction to correlation analysis and its measures, Correlation from grouped data, correlation, Rank correlation, Testing of population correlation coefficients; Multiple and partial correlation coefficients and their testing.
Unit II
Problem of correlated errors; Auto correlation; Heteroscedastic models, Durbin Watson Statistics; Removal of auto correlation by transformation; Analysis of collinear data; Detection and correction of multi collinearity, Regression analysis; Method of least squares for curve fitting; Testing of regression coefficients; Multiple and partial regressions.
Unit III
Diagnostic of multiple regression equation; Concept of weighted least squares; regression equation on grouped data; Various methods of selecting the best regression equation.
Unit IV
Concept of nonlinear regression and fitting of quadratic, exponential and power curves; Economic and optimal dose, Orthogonal polynomial.
Aim of the course
The students would be exposed to the concepts of correlation and regression. Emphasis will be laid on diagnostic measures such as autocorrelation, multi collinearity and heteroscedasticity. This course would prepare students to handle their data for analysis and interpretation.