2.3 Flashcards

1
Q
  • What is correlation?
  • What are the 2 types of correlation and describe them.
A
  • when 2 variables are changing
  • positive = both variables are changing in the same direction, etheir both going up OR both going down
  • negative = variables are changing in the opposite direction
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2
Q

What is co-variance?

A
  • when 2 variables are changing together
  • think of it as the same as correlation for the teas
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3
Q

What type of relationship is negative covariance/correlation?

A

inversely related

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4
Q

What type of relationship is positive correlation/ co-variance?

A

directly related

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