Vocabulary for Bivariate Quiz Flashcards

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1
Q

Correlation coefficient

A

r

Measures the strength and direction between two numerical variables.

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2
Q

LSRL

A

Least Squares Regression Line

the prediction for y = y-intercept + slope (x)

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3
Q

extrapolation

A

When the LSRL is used to make predictions outside the range of the x-values

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4
Q

slope

A

For every additional x, the amount of change predicted to occur in y.

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5
Q

y-intercept

A

The predicted y-value when x=0

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6
Q

Outlier

A

A point that is unusually far away from the rest of the data and does NOT follow the trend.

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7
Q

Leverage Point

A

A point that has an x-value that is far away from average.

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8
Q

Influential Point

A

A point that if removed will change the slope of the LSRL.

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9
Q

Residual

A

Actual value - Predicted value

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10
Q

R squared

A

Gives the percent of the variability in y that can be explained by the LSRL.

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11
Q

Standard deviation of the residuals

A

S

The average error OR the average distance the data points are from the LSRL.

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