Scatter Plots Flashcards

1
Q

Bivariate data definition

A

Data for which there are 2 variables

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2
Q

Correlation coefficient definition

A
  • A statistical measure of the degree to which changes to the value of one variable predicts change to the value of another
  • It ranges from -1 to 1
  • -1 = strongest negative correlation
  • 0 = no correlation
  • 1 = strongest positive correlation
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3
Q

Interpolation definition

A
  • Predicting a variable inside the data range
  • It is usually accurate
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4
Q

Extrapolation definition

A
  • Predicting a variable outside the data range
  • Usually unreliable
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5
Q

Linear regression definition

A
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