STATISTICAL TECHNIQUES AND TOOLS
CORRELATION COEFFICIENT COEFFICIENT OF DETERMINATION
Question
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This measures how strong or weak the relationship between 2 quantitative variables are.
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Scatter Plot
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Causation
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Correlation
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Line of best fit
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Explanation:
Detailed explanation-1: -A scatterplot displays the strength, direction, and form of the relationship between two quantitative variables. A correlation coefficient measures the strength of that relationship.
Detailed explanation-2: -The correlation between two variables is considered to be weak if the absolute value of r is between 0.25 and 0.5.
Detailed explanation-3: -Correlation coefficients are used to measure the strength of the linear relationship between two variables. A correlation coefficient greater than zero indicates a positive relationship while a value less than zero signifies a negative relationship.
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