week5. Multi-regression Flashcards
what is the perfect positive correlation
1.00
what is the perfect negative correlation
-1.00
if the scatter plot has a curve in the data, is there a correlation
no
what is an outlier
an odd one out of the regression line
what is the difference between correlation and regression
correlation = association between variables
regression = enables us to predict the value of 1 variable if we know the value of the other variable
what is the regression formula
y = bx + c
what to the different letters stand for in the regression formula
y = the thing you’re trying to predict (the y axis on a graph), b = the slope angle , x = the predictor (the x axis on a graph), c = the constant
what are the different types of regression
bivariate linear, multilinear, logistic, curvilinear
what is bivariate linear
a simple linear regression - a linear equation describing the relationship between an explanatory variable and a outcome variable, specifically with the assumption that the explanatory variable influences the outcome variable
what are the residuals
is it the distance (drawn parallel to the y axis) from the data points to the line
is it best to have big residual or small residuals and why
the smaller the residuals the less errors and this betters the prediction (the the data is scattered less)
ia regression symmetrical
no
is correlation symmetrical
yes
how is regression line scissors and how does it help explain
it looks like them, if the scissors are closed, that means r= either -1.00 or 1.00, if the scissors are open at a 90degree angle, then r=0
what is explanatory power
R2 is assessed by the square of the correlation coefficients R2 (sometimes called the coefficients of determination)