Regression Flashcards
1
Q
What does the correlation (r) measure?
A
R measures how strong and in which direction the data move together.
2
Q
What dose the range of correlation indicate?
A
1 - perfect positive relationship
0 - no relationship
-1 - perfect negative relationship
3
Q
What does b0 indicate?
A
Starting point of the line
4
Q
What does b1 indicate?
A
Slope of the line
If we increase our independent variable by 1 unit, the independent one will go up by 1
