1/15
Looks like no tags are added yet.
Scatterplot:

Acronym for describing a scatterplot two variable relationship:
DUFS + context
What does DUFS stand for?
Direction, unusual features, form, strength
Words to describe direction of scatterplot two variable relationship:
Positive, negative, none
Examples of unusual features of scatterplots:
Outliers, clusters
Form of scatterplot two-variable relationships:
Linear or non-linear
What does strength of scatterplot two-variable relationships mean?
How close to the form
Which letter represents variation?
r
What numbers can strength of a correlation take on?
-1 to 1
What can direction of correlation be?
Negative or positive
How to interpret correlation?
The (linear) relationship between x and y is (strength) and (direction)
Is correlation equal to causation?
No
How to calculate residual?
Actual - predicted
How to interpret residual values?
The actual (context) was (residual) above/below the predicted value for x=#
How to interpret slope of regression equations?
For each additional x-context, the predicted y-context increases/decreases by (slope)
How to interpret y-intercept of regression equations?
When x=0 context, the predicted (y-context) is (y-intercept)