lecture 6 correlation and regression Flashcards
scatterplots are used to investigate relationship between _____ variables.
continuous
correlation is a method to quantify ____ and ______
direction; magnititude
when to use pearson’s correlation coefficient?
when both variables are normally distributed.
explain what is intercept, slope and residual
intercept: the value y takes when x is zero; slope: the change in y when x is changed by every 1 unit; residual: distance between points and the line
what is the best linear regression line?
the line closet to all data points
what is r and r squared
r: the degree of correlation; r squared: how much of total varation in dependent variable can be explained by the independent variab;e
The Pearson coefficient is the appropriate measure to estimate the linear correlation between any two continuous variables.
Select one:
True
False
false