STATISTICAL TECHNIQUES AND TOOLS
REGRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Correlation coefficientcis equal to ____ of regression coefficients.
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AM
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GM
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AVERAGE
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SUM
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Explanation:
Detailed explanation-1: -GM between the two regression coefficients is equal to the correlation coefficient.
Detailed explanation-2: -Both variables are different. Correlation coefficient indicates the extent to which two variables move together. Regression indicates the impact of a change of unit on the estimated variable ( y) in the known variable (x). To find a numerical value expressing the relationship between variables.
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