Difference between Multiple Correlation Coefficient and Partial Correlation Coefficient:
MULTIPLE CORRELATION:
Multiple Correlation is the relationship between a Variable and a Combined Variable.
MULTPLE CORRELATION COEFFICIENT:
The Coefficient of a Multiple Correlation measures the degree of relationship between a variable and its estimate from the regression equation.
REPRESENTATION:
It is represented as...
The relationship between any two variables by neglecting the effect of other variable is called as Partial Correlation.
PARTIAL CORRELATION COEFFICIENT:
The coefficient of a partial correlation measures the degree of linear relationship between any two variables in a multivariate problem under the condition that any common relationship with all other variables has been removed.
REPRESENTAION:
It is represented as...
FORMULA:
We know that
r XY is...
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