Correlations GOOD Flashcards
1
Q
What is a correlation coefficient?
A
A number between -1 and +1 that represents the direction and strength of a relationship between co-variables
2
Q
What is a correlation?
A
Mathematical technique that measures the relationship/association between two continuous variables (co-variables)
3
Q
What type of graph are correlations plotted on?
A
Scattergram
4
Q
The closer the coefficient is to +1 or -1 …
A
The stronger the relationship between the co-variables is
5
Q
The closer the coefficient is to 0 …
A
The weaker the relationship is