Statistical Gurus Please respond ?

Discussion in 'Trading' started by Digs, Jan 24, 2004.

  1. Digs

    Digs

    I have data sample example A and B attached, both with a linear line thru the data, Exp A has more scattered data than B.

    How does one measure the degree of the scattered data points to the linear line, is that normal standard distribution or something else ?

    Please advise
     
  2. ig0r

    ig0r

    Will correlation coefficient suffice?
     
  3. Digs

    Digs

    Yea, that could be it, thx
     
  4. ig0r is correct if the line is least square fitted. You don't mention this - is it?
     
  5. Digs

    Digs

    thx, yes it was