Statistics 4 Flashcards
Bivariate data
Data which has pairs of values for two variables
Scatter diagrams
Represent bivariate data
Correlation
Describes the nature of the linear relationship between two variables
Negative correlation
One variable increases as other decreases
Positive correlation
Both variables increase
Casual relationship
A change in one variable causes a change in the other (not for all correlations) use context and common sense
Linear regression line is a suitable model
When the correlation suggests there is a linear relationship between the variables
Interpolation
Making a prediction based on a value that is within the range of the data (likely to be accurate)
Extrapolation
Making a prediction based on a value that is outside the range of the data (likely to be less accurate)
Predictions using linear regression model
Only for dependent variable
(For independent use alternate regression line