Correlations

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6 Terms

1
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What is a correlation

A mathematical technique which measures the relationship between two continuous variables (co-variables)

2
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How are the relationships plotted

On a scattergram where each axis represents one of the variables investigated

3
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What is a correlation coefficient

A value between -1 and +1 which tells us the strength and direction of the relationship between 2 variables

4
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What does a correlation coefficient of +1 represent

A perfect positive correlation

5
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What does a correlation coefficient of -1 represent

A perfect negative correlation

6
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The closer the coefficient is to +1 or -1 the ______

stronger the relationship between the co-variables is, and the closer to zero, the weaker the relationship is