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Chapter 23 of 25
Syllabus

Correlation — Syllabus

ICSE · Class 11 · Economics

What Correlation covers in ICSE Class 11 Economics: 4 topics, for the 2026-27 session. Part of the ICSE Class 11 Economics syllabus.

64 questions40 flashcards5 concepts

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4 Topics · ICSE Class 11 Economics · 2026-27

Topics in Correlation

1

1. Meaning, Nature, and Importance of Correlation

  • Correlation is the study of how variables move together.
  • When a change in one variable is accompanied by a change in another, the variables are correlated.
  • Correlation analysis of two variables is called bivariate analysis.
2

2. Types and Degrees of Correlation

  • Correlation is classified in three ways: by direction, by number of variables, and by linearity.
  • By direction, correlation may be positive or negative.
  • Positive correlation is also called direct correlation.
3

3. Methods of Measuring Correlation

  • The main methods are scatter diagram, Karl Pearson's coefficient of correlation, and rank correlation.
  • Scatter diagram is a non-mathematical method.
  • Karl Pearson's coefficient of correlation is a mathematical method.
4

4. Karl Pearson's Coefficient of Correlation

  • Karl Pearson gave the Product Moment Correlation method in 1890.
  • The coefficient is denoted by r.
  • Its value always lies between -1 and +1.

Key Concepts

Central concept: Correlation as the statistical study of relationship between variables

Meaning of correlationDefinitions of correlationAssociation vs correlationFactors affecting correlationImportance of correlationTypes of correlationDegrees of correlationMethods of measuring correlation

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Frequently Asked Questions

What are the important topics in Correlation for ICSE Class 11 Economics?
Key topics in Correlation include Meaning, Nature, and Importance of Correlation, Types and Degrees of Correlation, Methods of Measuring Correlation, Karl Pearson's Coefficient of Correlation. Study these first, then practise questions on each for Class 11 exams.
How should I revise Correlation for Class 11 exams?
Learn the core ideas first, then work through the 64 practice questions on Correlation. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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