Regression Flashcards
Pearsons Correlation (r)
strength and direction of linear relationship of 2 quant variables
Spearman’s correlation (p)
strength and direction of monotone relationship
-more robust to outliers
-nonlinear relationships
regression
linear relationship between 2 quant variables
use the explanatory variable to predict the response
variables
Y= b0(intercept) + b1(slope)X(explanatory variable)
residual
the diffrence between an observed value and a prediction
+ under predicted
- over predicted
coefficient of determination R2
how close observations match the predictions
0-1
linear regression
putting a line in a scatterplot to describe the relationship between the variables
Interpret- Linear regression Intercept
-The intercept represents the value of Y when the independent variable X is 0
Interpret-Linear regression SLOPE
The slope indicates how much the dependent variable (Y) is expected to change for each one-unit increase in the independent variable (X).
- positive, there is a positive relationship
-negative, there is a negative relationship