Correlations Flashcards

1
Q

r measures only the strength of…

A

linear relationships between X,Y

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2
Q

correlation coefficient function

A

loool look it up

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3
Q

Sim + Dif of co variance to correlation

A

S: cov(X,Y)>0 indicates a positive relationship
D: Isn’t a standardised measure therefore the absolute value isn’t reliable indicator of relationship strength

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4
Q

Calculation r in relation to cov(X,Y)

A

cov(X,Y)/(Sx*Sy)

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5
Q

r and cov stat if X,Y= independent

A

0

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6
Q

What does r^2 measure

A

Proportion of Y variability explainable by X

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7
Q

Indirect causality

A

When third variable exists e.g. ‘Z’

X may affect Z which in turn effects Y

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8
Q

Limitations of correlation coefficient

A

Only linear relationships

Correlation meaningless for categorical data

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