In: Statistics and Probability
1. Fill in the following chart for the correlation coefficient. No credit will be given unless the entire chart is filled in.
Name |
Symbol |
What it Tells Us |
Abs. or Rel.? |
Boundaries |
What Extremes Signify |
Population Correlation Coefficient |
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Sample Correlation Coefficient |
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2. Fill in the following chart for the coefficient of determination. No credit will be given unless the entire chart is filled in.
Name |
Symbol |
What it Tells Us |
Abs. or Rel.? |
Boundaries |
What Extremes Signify |
Population Coefficient of Determination |
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Sample Coefficient of Determination |
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Name | Symbol | What it tells us | Abs or rel. | Boundaries | What Extremes Signify |
Population Correlation Coefficient |
Correlation coefficients measure the strength of association between two variables in the population | Relative | -1 to 1 |
If take value -1 or 1 then there is high degree positive or negative relationship between variables. If it is zero then there is no relation |
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Sample Correlation Coefficient |
r | Correlation coefficients measure the strength of association between two variables in the sample | Relative | -1 to 1 |
If r take value -1 or 1 then there is high degree positive or negative relationship between variables. If it is zero then there is no relation |
Name |
Symbol |
What it Tells Us |
Abs. or Rel.? |
Boundaries |
What Extremes Signify |
Population Coefficient of Determination |
R2 |
It tells the proportion of the variance in the dependent variable of population that is predictable from the independent variable in the population. | Relative | 0 to 1 |
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Sample Coefficient of Determination |
r2 | It tells us the proportion of the variance in the dependent variable of the sample that is predictable from the independent variable of sample | Relative | 0 to 1 |
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