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
2
Q
What is co-variance?
A
- when 2 variables are changing together
- think of it as the same as correlation for the teas
3
Q
What type of relationship is negative covariance/correlation?
A
inversely related
4
Q
What type of relationship is positive correlation/ co-variance?
A
directly related