Unit 3 Flashcards

1
Q

Interpreting Correlation Coefficient

A

a statistical index of the relationship between two things (from -1 to +1)

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2
Q

Association in a Two Way Table

A
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3
Q

Bivariate Data

A

Consists of two variables, an explanatory and a response variable.

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4
Q

Two Way Table

A

A table containing counts for two categorical variables. It has r rows and c columns.

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5
Q

Scatterplot

A

a graphed cluster of dots, each of which represents the values of two variables

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6
Q

Different Types of Association in a Scatterplot

A

Direction (Positive/Negative), Form (Linear), Strength (Strong, Moderate, Weak)

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7
Q

Correlation Co

A
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8
Q

Response Variable

A

A variable that measures an outcome

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9
Q

Explanatory Variable

A

a variable that we think explains or causes changes in the response variable

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10
Q

Interpret Least Squares Line (Line of Best Fit)

A

a line drawn in a scatter plot to fit most of the dots and shows the relationship between the two sets of data

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11
Q

Interpret a Residual Plot

A

a scatterplot of the residuals (results) against the explanatory variable (what is assumed)

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12
Q

Intercepts of a Line

A

The intercepts of a line are the points where the line crosses, the horizontal and vertical axes

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13
Q

Slope of a Line

A

y2-y1/x2-x1 , interprets the direction

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14
Q

Coefficient of Determination

A

a measure of the amount of variation in the dependent variable explained by the regression equation

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15
Q

Equation of a Fitted Line

A
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16
Q

Interpolation

A

Allows estimation of a datapoint within a dataset

17
Q

Extrapolation

A

Allows estimation of a datapoint out of a dataset

18
Q

Observed Association vs Causal Relationship

A

Correlation does not indicate causation

19
Q

Non Causal Explanations for an Association

A
  1. Coincidence
  2. Confounding due to a common response from a separate variable
20
Q

Time Series Plot

A

Obtained by plotting the time in which a variable is measured on the horizontal axis and the corresponding value of the variable on the vertical axis. Line segments are then drawn connecting the points.

21
Q

Time Series Plot Trends

A

Trend (The increasing or decreasing value in the series) , Seasonality (The repeating short-term cycle in the series) and Irregular Fluctuations (Random drops and rises in data).

22
Q

Smooth Time Series Data

A

Data can be smoothed by using a simple moving average