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What does Pearson's Correlation Coefficient (r) measure?
The direction and strength of the linear relationship between two variables and ranges from -1 to +1
Correlation
measures the amount of linear association between x and y values
What does a Pearson's r value close to -1 or +1 indicate?
A strong linear relationship between the two variables.
What does a Pearson's r value near 0 indicate?
A weak linear relationship between the variables.
What is a strong negative correlation?
As x increases, y decreases.
What is a strong positive correlation?
As x increases, y increases.
What characterizes no correlation?
The linear regression isn't meaningful and there isn't a linear relationship between the variables.
How are correlation coefficients categorized based on their values?
Strong: -0.7 to -1 and +0.7 to +1 Moderate: -0.3 to -0.7 and +0.3 to +0.7 Weak: -0.3 to 0 and +0.3 to 0.
What does the sign of Pearson's r represent?
The direction of the slope of the regression line.
What does it mean if the data points fall on a vertical or horizontal line?
It may indicate that something absurd is going on and the plot is useless.
What happens to Pearson's r if you switch the explanatory and response variables?
Pearson's r remains the same.
What is the formula for Pearson's r?
The product of (xi-x-bar/sx)(y-y-bar/sy) multiplied by 1/n-1. xi - x-bar = the standardized value of xi yi - y-bar = the standardized value of yi
What does r^2 represent?
The coefficient of determination, showing the percentage of variation in y explained by the variation in x.
What does a high correlation coefficient r suggest about cause and effect?
It suggests a potential cause-and-effect relationship, but does not prove it.
What is the significance of the point (x-bar, y-bar) in regression analysis?
It always lies on the least squares regression line.
What is the relationship between the slope (b1) and the correlation coefficient (r)?
b1 = r(sy/sx). b1=slope of line/regression coefficient r=correlation coefficient sy=standard deviation of y sx= standard deviation of x
What is the correction factor used when calculating r from sample data?
1/n-1.
What should you do to calculate r from sample data?
Create a scatterplot and linear regression line, then determine the correlation coefficient.
What does a perfect correlation (r = +1 or -1) indicate?
All data points fall on a straight line; aka perfect positive/negative correlation
What is the implication of correlation not equating to causation?
High correlation does not imply that one variable causes changes in another.