In: Statistics and Probability
Part I
Ans: Correlation can tell us if the variables are positively or negatively related
Also how strongly are they related
2) What is the difference between a positive and negative linear correlation? Give an example of each.
Ans: positive : If two variables move in same direction, it is positive.
Like, if height increases weight also increases.
and negative linear correlation: If two variables move in different direction, it is negative
Like, if students play more video games, GPA score would be less
3) If a correlation coefficient is strong and positive, what can we conclude?
Ans: We can say variables are very strongly and linearly related
4) R^2
Ans: R-squared is a statistical measure of how close the data are to the fitted regression line. It is also known as the coefficient of determination,