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AFTERSCHO☺OL
– DEVELOPING CHANGE MAKERS
CENTRE FOR SOCIAL ENTREPRENEURSHIP
PGPSE PROGRAMME –
World’ Most Comprehensive programme in social
entrepreneurship & spiritual entrepreneurship
OPEN FOR ALL FREE FOR ALL
price demand
10 50
15 40
20 35
24 24
30 20
99 169
www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
Write a note on scatter diagram?
• It is the simplest and easiest measure to
judge correlation. Here we plot the actual
data (pairs of actual observations) on a
graph paper and try to draw a line from the
middle of these data.
• This method is possible, when the
relationship is very clearly visible – i.e.
there is straight positive or negative
relationship.
Amit 180 70
Giriraj 170 58
Dushyant 180 53
Nitin 166 51
Jayant 168 49
45.224
demand
price X Y Dx Dy Dx^2 Dy^2
10 50 -9.8 16.2 96 262
15 40 -4.8 6.2 23 38.4
20 35 0.2 1.2 0.04 1.44
24 24 4.2 -9.8 17.6 96
30 20 10.2 -14 104 190
99 169 Total 241 589