Understanding Scatter Diagram | Correlation Explained with Examples | Plus One Economics | Malayalam

Описание: A scatter diagram is an important graphical tool in Economics and Statistics used to study the relationship between two variables. In this video, we explain what a scatter diagram is, how it is drawn, and how it helps in understanding correlation between variables in a simple and exam-oriented way.
You will learn the meaning of independent and dependent variables, how data pairs are plotted on a graph, and how the direction of dots shows positive correlation, negative correlation, or no correlation. The video also explains strong and weak relationships using scatter patterns, along with real-life examples like rainfall and crop yield, study time and marks.
This concept is part of the Plus One Economics syllabus and is frequently asked in exams. Scatter diagrams are widely used in economics, business studies, and statistics to analyse trends, relationships, and outliers in data. If you understand this topic clearly, questions related to correlation become very easy.
Watch till the end to get a clear conceptual understanding and improve your exam performance.

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