Module 2 lab3 Flashcards

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1
Q

Correlation Analysis

A

both independent variables are continuous

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2
Q

Continuous variable

A

infinite number of possible values
(human height and weight)

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3
Q

null hypothesis

A

no relationship exists between variables

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4
Q

Alternative hypothesis

A

values of the dependent variable are caused by the independent variable
(real explainable relationship between the two)

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5
Q

p-value

A

probability that the null hypothesis is correct (there is no relationship)

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6
Q

As the P-value gets higher

A

There is a greater and greater chance of the null hypothesis being correct

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7
Q

R^2 value

A

tells you how much of the variance(fluctuation) in the dependent variable(y) is due to the effect of the independent variable

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8
Q

The larger the R^2

A

the more the variation in the dependent variable is explained by the independent variable

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9
Q

R^2 value near zero

A

there is a random, nonlinear relationship between the two variables

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10
Q

trendline

A

represents any trend in the data

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11
Q

the R^2 value measures

A

how well the trendline represents the data

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12
Q

High R^2(close to 1)

A
  • data points are closely aligned with trendline
  • independent variable explains a significant proportion of the variation in the dependent variable
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13
Q

Moderate R^2

A
  • data points are more dispersed around the trendline
  • independent variable explains some of the variation in the dependent variable
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14
Q

Low R^2

A
  • data points are widely scattered around the trendline
  • independent variable explains a little, but not much, of the variation in the dependent variable
  • can still be significant
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