Approaches in Correlation Analysis and Application on Oil Field Data

Abstract:

The paper deals with selected approaches which unite several correlation analysis principles. Field data very often has various forms and contents. The comparison of different approaches will help to determine more precisely which correlation analysis is better for assessing input and output data. In this paper we introduce several correlation principles which can help to select the most suitable correlation approach. We present a traditional correlation analysis and compare it with Pearson and Spearman correlation coefficients. The value of our article lies in comparing several different approaches of the correlation analysis in which the oil field data from diesel combustion engine are used

• Periodical: Applied Mechanics and Materials (Volume 841)
• Pages: 77-82
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.841.77
• Online since: June 2016
• Authors: David Vališ*, Libor Žák
• Keywords: Correlation Analysis, Field Data, Oil Data, Reliability Assessment

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