CBSE Class 11 Economics Correlation Assignment

Read and download free pdf of CBSE Class 11 Economics Correlation Assignment. Get printable school Assignments for Class 11 Economics. Standard 11 students should practise questions and answers given here for Economics in Grade 11 which will help them to strengthen their understanding of all important topics. Students should also download free pdf of Printable Worksheets for Class 11 Economics prepared as per the latest books and syllabus issued by NCERT, CBSE, KVS and do problems daily to score better marks in tests and examinations


Points to Remember

* Meaning of correlation :

Correlatin is a statistical tool which studies the relationship between two variables. For e.g. change in price leads to change in quantity demanded.

* Correlation studies and measures the direction and intensity of relationship among variables. It measures covariation not causation.

* Types of Correlation

Correlation is classified into positive and negative correlation. 

The correlation is said to be positive when the variables move together in the same direction. For e.g. sale of Ice cream and temperature move in same direction.

The correlation is said to be negative when the variables move in opposite direction. For e.g. When you spend more time in studying chances of your failing decline.

* Examples of positive correlation are :

1. Price of commodity and amount of supply

2. Increase in height and weight.

3. Age of husband and age of wife.

4. The family income and expenditure on luxury items.

Examples of negative correlation are :

1. Sale of woollen garments and day temperature.

2. Demand of a commodity may go down as a result of rise in prices.

3. Yield of crops and price.

* Degree of Correlation :

CBSE Class 11 Economics Correlation

* Methods of estimating correlation.

(a) Scatter diagram

(b) Karl pearson’s coefficient of correlation.

(c) Spearman’s rank correlation.

-- Scatter diagram offers a graphic expression of the direction and degree of correlation.

-- Karl pearson’s coefficient of correlation is a quantitative method of calculating correlation. It gives a precise numerical value of the
degree of linear relationship between two variables.

-- Karl pearson’s coefficient of correlation is also known as product moment correlation.

 CBSE Class 11 Economics Correlation


1. What is meant by correlation?

2. List some variables where accurate measurement is difficult.

3. What is negative correlation?

4. Give the meaning of positive correlation.

5. What is the range of simple correlation coefficient?

6. State the type of correlation when two variables change in the same ratio.

7. Give two examples of positive correlation?

8. Mention the principal short coming of scatter diagram as a method of estimating correlation.

9. Give two examples of negative correlation.

10. When is rank correlation method used?

11. Mention the names of different methods for measuring correlation.

12. What is the main demerit of spearman’s rank method?

Please refer to attached file for CBSE Class 11 Economics Correlation Assignment



Click to View or Download pdf file
Click for more Economics Study Material

Latest NCERT & CBSE News

Read the latest news and announcements from NCERT and CBSE below. Important updates relating to your studies which will help you to keep yourself updated with latest happenings in school level education. Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning

SOF Science Olympiad Foundation

SOF~ The most desired name for Olympiads in the Educational World! SOF” refers to the Science Olympiad Foundation. It is an Academic Institution assisting educational based competition and enhancing competitive spirit among the School- Level students. The Science...

SOF IMO International Mathematics Olympiad

SOF IMO refers to the International Mathematics Olympiad organised by SOF, the Science Olympiad Foundation. SOF is the educational foundation involved in the academic upgradation of students. This Olympiad is a maths competitive examination conducted for the aspiring...

Celebration of Republic Day by CBSE

As you are aware, Republic Day is celebrated every year on 26th January to honour the Constitution and Republic of our country. Celebration of this occasion annually helps youth and children of our country to be aware of the significance of Indian Constitution, unity...

Storytelling Competition by CBSE

During the COVID-19, humanity has faced various situations that invoke human interest. There are stories of innovation, sacrifice, going beyond the call of duty, challenges faced and creatively solved, humour, finding joy in adversity etc. It will be highly useful to...

Board Exams Datesheet Class 10 and Class 12

Board Exams Datesheet Class 10 and Class 12 Class 10 Datesheet for Boards Class 12 Datesheet for Board Exams

CBSE Practical Exams for Class 10 and 12

As per the Scheme of Examination, Practical Examination/Project/Internal Assessment is a compulsory activity which is completed by schools every year. Till last year, the window for Practical Examinations was provided from 1st January to 7th February. However, this...

Studies Today