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Correlation is
1. Only quantitative variables, doesn’t have units, range of -1-1, indicate the strength of a linear relationship between two quantitative variables
correlation of zero means
probably a parabola and not linear
if outlier is
In the line of best fit, then it isn't an outlier but a high leverage point, as it strengthens the linear relationship
regression line
describes how the response variable changes with the explanatory variable
regression line equation and other formulas
y hat=a+bx, slope=r sy/sx,
residual
actual-minus-predicted value (vertical distance of a point from a line)
7. least squares regression line is
used to find the line of best fit squared, where the sum of the squared residuals is the smallest.
residual plot
a scatterplot of the regression residuals against the explanatory variable
A residual plot is linear when
scattered everywhere, and a horizontal line
10.interpret r² (Coefficient of determination)
% of variation in the response variable is explained by the linear relationship with the explanatory variable
How to describe a scatterplot
DUFS, An example strong positive linear relationship between x and y variable, no unusual
DUFS
Direction, Unusual, Form, Strength
cause and effect from a scatterplot
changes in one variable doesn't necessarily impact the oher.
13. To find actual value
14. interpert r
“r” implies that the linear relationship between explanatory variable and response variable is strength and direction
interpret slope
For each additional 1 unit of explanatory variable our model predicts an addiontional( or decrease of)__ in the response variable
The LSRL does what?
It minmizes the sum of the squares of the residuals
interpret negative residual
our model overestimates
the standard deviation of residuals interpretation
The average error in the prediction of response varibalbe when using the regression on explanatory variable is __(value of s with units)