Dear sir
Could you please give us an example of what a partial correlation is please
Please give us a practical example sir
Thank you
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Forecasting techniques
5y ago#1As I explain in my free lectures if the coefficient of correlation is + or - 1 then there is perfect correlation in that there is an exact relationship between the two variables.
If the coefficient is less than 1 then the relationship is not perfect but and so any correlation is only partial (but the nearer it is to 1 then the better).
The example I work through in my lecture is of partial correlation, because the coefficient is less than 1.
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