DOCSLIB.ORG

Stat 3 Measures of Kurtosis and Correlation

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Stat 3 Measures of Kurtosis and Correlation Tax reforms committees. Tax committees and chronological order of taxes. 1.Measures Of Kurtosis Intro-- Like average, dispersion , skewness and Kurtosis is forth measure of frequency distribution. Kurtosis gives idea about the shape of a frequency distribution. It refer to degree of flatness or peakedness of a frequency curve. Kurtosis indicates whether a frequency distribution is flat, normal and peaked shape. Types of kurtosis 1.Lepto- kurtic It is a curve having high peak than normal curve. Too much concentration the items near the center. 2.Platy-kurtic It is a curve having low peak (flat) than the normal curve. There is less concentration of items near the centre. 3.Meso-kurtic It is a curve having normal peak or the normal curve. There is equal distribution of items around the central value. Lepto-kurtic Meso-kurtic platy-kurtic x̄=M=Z Measures of kurtosis Kurtosis is measured by β2 μ4 Fourth central movement. β2 = 2 μ2 Second central movement. Interpretation- If β2 > 3 -more peaked than normal( lepto-kurtic) If β2 < 3 - less peaked than normal( plety-kurtic) If β2 = 3 – moderate peaked( meso-kurtic) 2.correlation Intro-- it represent the mutual relationship exists between two or more variables. eg- relationship b/w price and demand, income and expenditure, and Types of correlation. 1.Positive and negative correlation. Positive correlation negative correlation It two or more variables It two or more variables move in a same direction. move in a opposite direction. If one variable rises other If one variable rises other also rises and vice- versa. other falls and vice- versa. Eg- relationship b/w price Eg- relationship b/w price and supply, sale of pen and and demand, investment ink. and ROI. 2.Linear and curvi-linear correlation. LINEAR correlation CURVI-LINEAR correlation If two variables X and Y If two variables X and Y changes in constant ratio. do not changes in constant ratio. Every time supply Every time supply increases by 20% and its increases by 20% and price rises by 10%. sometime its price rises by 10% and some time 20%. 3.simple, partial and multiple correlation. 1.Simple correlation- When we study the relationship between two variables only. Relationship bw price and demand, income and consuption. 2.partial correlation- When two or more variables are taken but relationship b/w any two of the variables is studied. Other variable will be constant. 3.Multiple-correlation- When we study the relationship among three or more variables . Eg- study of relationship b/w cost of production, output,sale ,advt. Degree of correlation. Degree of correlation s.no Positive Negative 1 Perfect correlation +1 -1 2 High degree of correlation. Between +0.75 to +1 Between -0.75 to -1 3 Moderate degree of Between +0.25 to Between -0.25 to - correlation. +0.75 0.75 4 Low degree of correlation. Between 0 to +0.25 Between 0 to -0.25 5 Absence of correlation. 0 0 Karl Pearson’s coefficient of correlation. It is quantitative method of measuring correlation. This method was given by Karl Pearson. This is the best method of working out correlation coefficient. It is denoted as r. Properties of the coefficient of correlation. 1.Limits of coefficient of correlation. Value of Karl Pearson’s correlation coefficient lies b/w -1 and +1. 2.Change of origin and scale x= 4 +7y Origin y= 6+8y Scale Shifting the origin or scale not effect the value of correlation. Correlation coeff. Is independent of the change of origin and scale. If the scale of the series is changed or origin is shifted then corr. Coff. Remain unchanged. 3.Geometric mean of regression coefficient. r= bxy . byx 4.Symmetric The value of coef. Of corr. B/w two variable x and y and y and x should be same. rxy = ryx coefficient of determination The corr. Of deter. Is defined as the square of the coefficient of correlation. If the corre. Coeff (r) is 0.8 than coff. Of determinant will be 0.64 or 64% Coeff. Of determinant is defined as the ratio of the expalined variance to the total variance. Explained variance r2 = Total variance coefficient of non- determination It is calculated by subtracting the coeff of corr. (r) from 1. It is denoted as K2 K2 = 1- r2 Coeff. Of non- determinant is defined as the ratio of the unexpalined variance to the total variance. unexplained variance K2 = Total variance PREV YEARS QUES. Correlation coeff. Is independent of the change of origin and scale. If the scale of the series is changed or origin is shifted then corr. Coff. Remain unchanged. 3.Geometric mean of regression coefficient. r= bxy . byx 4.Symmetric The value of coef. Of corr. B/w two variable x and y and y and x should be same. rxy = ryx Statistics Topic-4 SAMPLING & NON SAMPLING METHODS.
Load more

Recommended publications
  • The Locally Gaussian Partial Correlation Håkon Otneim∗ Dag Tjøstheim†
    The Locally Gaussian Partial Correlation Håkon Otneim∗ Dag Tjøstheim† Abstract It is well known that the dependence structure for jointly Gaussian variables can be fully captured using correlations, and that the conditional dependence structure in the same way can be described using partial correlations. The partial correlation does not, however, characterize conditional dependence in many non-Gaussian populations. This paper introduces the local Gaussian partial correlation (LGPC), a new measure of conditional dependence. It is a local version of the partial correlation coefficient that characterizes conditional dependence in a large class of populations. It has some useful and novel properties besides: The LGPC reduces to the ordinary partial correlation for jointly normal variables, and it distinguishes between positive and negative conditional dependence. Furthermore, the LGPC can be used to study departures from conditional independence in specific parts of the distribution. We provide several examples of this, both simulated and real, and derive estimation theory under a local likelihood framework. Finally, we indicate how the LGPC can be used to construct a powerful test for conditional independence, which, again, can be used to detect Granger causality in time series. 1 Introduction Estimation of conditional dependence and testing for conditional independence are extremely important topics in classical as well as modern statistics. In the last two decades, for instance, there has been a very intense development using conditional dependence in probabilistic network theory. This comes in addition to conditional multivariate time series analysis and copula analysis. For jointly Gaussian variables, conditional dependence is measured by the partial correlation coefficient. Given three jointly Gaussian stochastic variables X1, X2 and X3, X1 and X2 are conditionally independent given X3 if and only if the partial correlation between X1 and X2 given X3 is equal to zero.
    [Show full text]
  • Estimation of Correlation Coefficient in Data with Repeated Measures
    Paper 2424-2018 Estimation of correlation coefficient in data with repeated measures Katherine Irimata, Arizona State University; Paul Wakim, National Institutes of Health; Xiaobai Li, National Institutes of Health ABSTRACT Repeated measurements are commonly collected in research settings. While the correlation coefficient is often used to characterize the relationship between two continuous variables, it can produce unreliable estimates in the repeated measure setting. Alternative correlation measures have been proposed, but a comprehensive evaluation of the estimators and confidence intervals is not available. We provide a comparison of correlation estimators for two continuous variables in repeated measures data. We consider five methods using SAS/STAT® software procedures, including a naïve Pearson correlation coefficient (PROC CORR), correlation of subject means (PROC CORR), partial correlation adjusting for patient ID (PROC GLM), partial correlation coefficient (PROC MIXED), and a mixed model (PROC MIXED) approach. Confidence intervals were calculated using the normal approximation, cluster bootstrap, and multistage bootstrap. The performance of the five correlation methods and confidence intervals were compared through the analysis of pharmacokinetics data collected on 18 subjects, measured over a total of 76 visits. Although the naïve estimate does not account for subject-level variability, the method produced a point estimate similar to the mixed model approach under the conditions of this example (complete data). The mixed model approach and corresponding confidence interval was the most appropriate measure of correlation as the method fully specifies the correlation structure. INTRODUCTION The correlation coefficient ρ is often used to characterize the linear relationship between two continuous variables. Estimates of the correlation (r) that are close to 0 indicate little to no association between the two variables, whereas values close to 1 or -1 indicate a strong association.
    [Show full text]
  • Partial Correlation Lecture
    Analytical Paleobiology Workshop 2018 Partial Correlation Instructor Michał Kowalewski Florida Museum of Natural History University of Florida [email protected] Partial Correlation Partial correlation attempts to estimate relationship between two variables after accounting for other variables. Synthetic Example Z <- rnorm(100, 20, 3) # let Z (‘human impact’) be independent X <- rnorm(100, 20, 1) + Z # ley X (‘vegetation density’) be strongly dependent on Z Y <- rnorm(100, 20, 1) +Z # let Y (‘animal diversity’) be also strongly dependent on Z Note that in this example X (vegetation density) and Y (animal diversity) are not interrelated directly However, they appear strongly correlated because they are both strongly influenced by Z One way to re-evaluate X and Y while minimizing effects of Z is partial correlation Computing Partial Correlation For a simplest case of three linearly related variables (x, y, z) partial correlation of x and y given z can be computed from residuals of OLS linear regression models z ~ x and z ~ y 1. Compute residuals for x (dependent) ~ z (independent) model 2. Compute residuals for y (dependent) ~ z (independent) model 3. Compute correlation between the residuals rxy_z = cor(lm(X ~ Z)$residuals), lm(Y ~ Z)$residuals)) What are residuals? OLS residuals for y = vegetation density Partial correlation XY_Z is -0.081 (recall that r for XY was 0.901) partial correlations human.impact versus vegetation.density 0.72651264 human.impact versus animal.diversity 0.71126584 vegetation.density versus animal.diversity -0.08147584 Partial and Semi-Partial Correlation “The partial correlation can be explained as the association between two random variables after eliminating the effect of all other random variables, while the semi-partial correlation eliminates the effect of a fraction of other random variables, for instance, removing the effect of all other random variables from just one of two interesting random variables.
    [Show full text]
  • Linear Mixed Model Selection by Partial Correlation
    LINEAR MIXED MODEL SELECTION BY PARTIAL CORRELATION Audry Alabiso A Dissertation Submitted to the Graduate College of Bowling Green State University in partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY May 2020 Committee: Junfeng Shang, Advisor Andy Garcia, Graduate Faculty Representative Hanfeng Chen Craig Zirbel ii ABSTRACT Junfeng Shang, Advisor Linear mixed models (LMM) are commonly used when observations are no longer independent of each other, and instead, clustered into two or more groups. In the LMM, the mean response for each subject is modeled by a combination of fixed effects and random effects. The fixed effects are characteristics shared by all individuals in the study; they are analogous to the coefficients of the linear model. The random effects are specific to each group or cluster and help describe the correlation structure of the observations. Because of this, linear mixed models are popular when multiple measurements are made on the same subject or when there is a natural clustering or grouping of observations. Our goal in this dissertation is to perform fixed effect selection in the high-dimensional linear mixed model. We generally define high-dimensional data to be when the number of potential predictors is large relative to the sample size. High-dimensional data is common in genomic and other biological datasets. In the high-dimensional setting, selecting the fixed effect coefficients can be difficult due to the number of potential models to choose from. However, it is important to be able to do so in order to build models that are easy to interpret.
    [Show full text]
  • Regression Analysis and Statistical Control
    CHAPTER 4 REGRESSION ANALYSIS AND STATISTICAL CONTROL 4.1 INTRODUCTION Bivariate regression involves one predictor and one quantitative outcome variable. Adding a second predictor shows how statistical control works in regression analysis. The previous chap- ter described two ways to understand statistical control. In the previous chapter, the outcome variable was denoted , the predictor of interest was denoted , and the control variable was Y X1 distribute called X2. 1. We can control for an X variable by dividing data into groups on the basis of X 2 or 2 scores and then analyzing the X1, Y relationship separately within these groups. Results are rarely reported this way in journal articles; however, examining data this way makes it clear that the nature of an X1, Y relationship can change in many ways when you control for an X2 variable. 2. Another way to control for an X2 variable is obtaining a partial correlation between X1 and Y, controlling for X2. This partial correlation is denoted r1Y.2. Partial correlations are not often reported in journalpost, articles either. However, thinking about them as correlations between residuals helps you understand the mechanics of statistical control. A partial correlation between X1 and Y, controlling for X2, can be understood as a correlation between the parts of the X1 scores that are not related to X2, and the parts of the Y scores that are not related to X2. This chapter introduces the method of statistical control that is most widely used and reported. This method involves using both X1 and X2 as predictors of Y in a multiple linear regression.
    [Show full text]
  • Financial Development and Economic Growth: a Meta-Analysis
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Valickova, Petra; Havranek, Tomas; Horváth, Roman Working Paper Financial development and economic growth: A meta-analysis IOS Working Papers, No. 331 Provided in Cooperation with: Leibniz Institute for East and Southeast European Studies (IOS), Regensburg Suggested Citation: Valickova, Petra; Havranek, Tomas; Horváth, Roman (2013) : Financial development and economic growth: A meta-analysis, IOS Working Papers, No. 331, Institut für Ost- und Südosteuropaforschung (IOS), Regensburg, http://nbn-resolving.de/urn:nbn:de:101:1-201307223036 This Version is available at: http://hdl.handle.net/10419/79241 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under
    [Show full text]
  • A Tutorial on Regularized Partial Correlation Networks
    Psychological Methods © 2018 American Psychological Association 2018, Vol. 1, No. 2, 000 1082-989X/18/$12.00 http://dx.doi.org/10.1037/met0000167 A Tutorial on Regularized Partial Correlation Networks Sacha Epskamp and Eiko I. Fried University of Amsterdam Abstract Recent years have seen an emergence of network modeling applied to moods, attitudes, and problems in the realm of psychology. In this framework, psychological variables are understood to directly affect each other rather than being caused by an unobserved latent entity. In this tutorial, we introduce the reader to estimating the most popular network model for psychological data: the partial correlation network. We describe how regularization techniques can be used to efficiently estimate a parsimonious and interpretable network structure in psychological data. We show how to perform these analyses in R and demonstrate the method in an empirical example on posttraumatic stress disorder data. In addition, we discuss the effect of the hyperparameter that needs to be manually set by the researcher, how to handle non-normal data, how to determine the required sample size for a network analysis, and provide a checklist with potential solutions for problems that can arise when estimating regularized partial correlation networks. Translational Abstract Recent years have seen an emergence in the use of networks models in psychological research to explore relationships of variables such as emotions, symptoms, or personality items. Networks have become partic- ularly popular in analyzing mental illnesses, as they facilitate the investigation of how individual symptoms affect one-another. This article introduces a particular type of network model: the partial correlation network, and describes how this model can be estimated using regularization techniques from statistical learning.
    [Show full text]
  • Correlation: Measure of Relationship
    Correlation: Measure of Relationship • Bivariate Correlations are correlations between two variables. Some bivariate correlations are nondirectional and these are called symmetric correlations. Other bivariate correlations are directional and are called asymmetric correlations. • Bivariate correlations control for neither antecedent variables (previous) nor intervening (mediating) variables. Example 1: An antecedent variable may cause both of the other variables to change. Without the antecedent variable being operational, the two observed variables, which appear to correlate, may not do so at all. Therefore, it is important to control for the effects of antecedent variables before inferring causation. Example 2: An intervening variable can also produce an apparent relationship between two observed variables, such that if the intervening variable were absent, the observed relationship would not be apparent. • The linear model assumes that the relations between two variables can be summarized by a straight line. • Correlation means the co-relation, or the degree to which two variables go together, or technically, how those two variables covary. • Measure of the strength of an association between 2 scores. • A correlation can tell us the direction and strength of a relationship between 2 scores. • The range of a correlation is from –1 to +1. • -1 = an exact negative relationship between score A and score B (high scores on one measure and low scores on another measure). • +1 = an exact positive relationship between score A and score B (high scores on one measure and high scores on another measure). • 0 = no linear association between score A and score B. • When the correlation is positive, the variables tend to go together in the same manner.
    [Show full text]
  • Kernel Partial Correlation Coefficient
    Kernel Partial Correlation Coefficient | a Measure of Conditional Dependence Zhen Huang, Nabarun Deb, and Bodhisattva Sen∗ 1255 Amsterdam Avenue New York, NY 10027 e-mail: [email protected] 1255 Amsterdam Avenue New York, NY 10027 e-mail: [email protected] 1255 Amsterdam Avenue New York, NY 10027 e-mail: [email protected] Abstract: In this paper we propose and study a class of simple, nonparametric, yet interpretable measures of conditional dependence between two random variables Y and Z given a third variable X, all taking values in general topological spaces. The popu- lation version of any of these nonparametric measures | defined using the theory of reproducing kernel Hilbert spaces (RKHSs) | captures the strength of conditional de- pendence and it is 0 if and only if Y and Z are conditionally independent given X, and 1 if and only if Y is a measurable function of Z and X. Thus, our measure | which we call kernel partial correlation (KPC) coefficient | can be thought of as a nonparamet- ric generalization of the classical partial correlation coefficient that possesses the above properties when (X; Y; Z) is jointly normal. We describe two consistent methods of es- timating KPC. Our first method of estimation is graph-based and utilizes the general framework of geometric graphs, including K-nearest neighbor graphs and minimum spanning trees. A sub-class of these estimators can be computed in near linear time and converges at a rate that automatically adapts to the intrinsic dimensionality of the underlying distribution(s). Our second strategy involves direct estimation of con- ditional mean embeddings using cross-covariance operators in the RKHS framework.
    [Show full text]
  • And Partial Regression Coefficients
    Part (Semi Partial) and Partial Regression Coefficients Hervé Abdi1 1 overview The semi-partial regression coefficient—also called part correla- tion—is used to express the specific portion of variance explained by a given independent variable in a multiple linear regression an- alysis (MLR). It can be obtained as the correlation between the de- pendent variable and the residual of the prediction of one inde- pendent variable by the other ones. The semi partial coefficient of correlation is used mainly in non-orthogonal multiple linear re- gression to assess the specific effect of each independent variable on the dependent variable. The partial coefficient of correlation is designed to eliminate the effect of one variable on two other variables when assessing the correlation between these two variables. It can be computed as the correlation between the residuals of the prediction of these two variables by the first variable. 1In: Neil Salkind (Ed.) (2007). Encyclopedia of Measurement and Statistics. Thousand Oaks (CA): Sage. Address correspondence to: Hervé Abdi Program in Cognition and Neurosciences, MS: Gr.4.1, The University of Texas at Dallas, Richardson, TX 75083–0688, USA E-mail: [email protected] http://www.utd.edu/∼herve 1 Hervé Abdi: Partial and Semi-Partial Coefficients 2 Multiple Regression framework In MLR, the goal is to predict, knowing the measurements col- lected on N subjects, a dependent variable Y from a set of K in- dependent variables denoted {X1,..., Xk ,..., XK } . (1) We denote by X the N × (K + 1) augmented matrix collecting the data for the independent variables (this matrix is called augmented because the first column is composed only of ones), and by y the N × 1 vector of observations for the dependent variable.
    [Show full text]
  • Second-Order Accurate Inference on Simple, Partial, and Multiple Correlations Robert J
    Journal of Modern Applied Statistical Methods Volume 5 | Issue 2 Article 2 11-1-2005 Second-Order Accurate Inference on Simple, Partial, and Multiple Correlations Robert J. Boik Montana State University{Bozeman, [email protected] Ben Haaland University of Wisconsin{Madison, [email protected] Follow this and additional works at: http://digitalcommons.wayne.edu/jmasm Part of the Applied Statistics Commons, Social and Behavioral Sciences Commons, and the Statistical Theory Commons Recommended Citation Boik, Robert J. and Haaland, Ben (2005) "Second-Order Accurate Inference on Simple, Partial, and Multiple Correlations," Journal of Modern Applied Statistical Methods: Vol. 5 : Iss. 2 , Article 2. DOI: 10.22237/jmasm/1162353660 Available at: http://digitalcommons.wayne.edu/jmasm/vol5/iss2/2 This Invited Article is brought to you for free and open access by the Open Access Journals at DigitalCommons@WayneState. It has been accepted for inclusion in Journal of Modern Applied Statistical Methods by an authorized editor of DigitalCommons@WayneState. Journal of Modern Applied Statistical Methods Copyright c 2006 JMASM, Inc. November 2006, Vol. 5, No. 2, 283{308 1538{9472/06/$9 5.00 Invited Articles Second-Order Accurate Inference on Simple, Partial, and Multiple Correlations Robert J. Boik Ben Haaland Mathematical Sciences Statistics Montana State University{Bozeman University of Wisconsin{Madison This article develops confidence interval procedures for functions of simple, partial, and squared multiple correlation coefficients. It is assumed that the observed multivariate data represent a random sample from a distribution that possesses finite moments, but there is no requirement that the distribution be normal. The coverage error of conventional one-sided large sample intervals decreases at rate 1=pn as n increases, where n is an index of sample size.
    [Show full text]
  • Semipartial (Part) and Partial Correlation
    Semipartial (Part) and Partial Correlation This discussion borrows heavily from Applied Multiple Regression/Correlation Analysis for the Behavioral Sciences, by Jacob and Patricia Cohen (1975 edition; there is also an updated 2003 edition now). Overview. Partial and semipartial correlations provide another means of assessing the relative “importance” of independent variables in determining Y. Basically, they show how much each variable uniquely contributes to R2 over and above that which can be accounted for by the other IVs. We will use two approaches for explaining partial and semipartial correlations. The first relies primarily on formulas, while the second uses diagrams and graphics. To save paper shuffling, we will repeat the SPSS printout for our income example: Regression Descriptive Statistics Mean Std. Deviation N INCOME 24.4150 9.78835 20 EDUC 12.0500 4.47772 20 JOBEXP 12.6500 5.46062 20 Correlations INCOME EDUC JOBEXP Pearson Correlation INCOME 1.000 .846 .268 EDUC .846 1.000 -.107 JOBEXP .268 -.107 1.000 Model Summary Adjusted Std. Error of Model R R Square R Square the Estimate 1 .919a .845 .827 4.07431 a. Predictors: (Constant), JOBEXP, EDUC ANOVAb Sum of Model Squares df Mean Square F Sig. 1 Regression 1538.225 2 769.113 46.332 .000a Residual 282.200 17 16.600 Total 1820.425 19 a. Predictors: (Constant), JOBEXP, EDUC b. Dependent Variable: INCOME Coefficientsa Standardi zed Unstandardized Coefficien Coefficients ts 95% Confidence Interval for B Correlations Collinearity Statistics Model B Std. Error Beta t Sig. Lower Bound Upper Bound Zero-order Partial Part Tolerance VIF 1 (Constant) -7.097 3.626 -1.957 .067 -14.748 .554 EDUC 1.933 .210 .884 9.209 .000 1.490 2.376 .846 .913 .879 .989 1.012 JOBEXP .649 .172 .362 3.772 .002 .286 1.013 .268 .675 .360 .989 1.012 a.
    [Show full text]