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Correlation & Regression, Degree to which x and y vary separately,…
Correlation & Regression
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Correlation
Direction:
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Negative correlation: two variables go in opposite directions (x increases, y decreases)
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Used for:
Prediction: if variables are known to be related in a systematic way, its possible to use one of the variables to make accurate predicitons about the other.
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Interpretation:
Describes a relationship, not why they are related
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WHen judging the relationship, correlation is not interpreted as a proportion, you use squared correlation r²
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Z score zx, zʏ
sample, r=
population, p=
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