U1-5

Question 1

Bivariate Data

Answer 1

A dataset which contains two quantitative variables which are paired together

Question 2

Pearson Correlation

Answer 2

A metric performed on bivariate data in order to quantify the strength of the relationship between the two variables. Not affected by a linear transformation.

Question 3

Simple Linear Regression

Answer 3

Finds the equation of a line of best fit for the data.

Question 4

Standard Error of Estimate

Answer 4

Measure of accuracy of predictions.