Correlation Coefficient Interpretation Quiz

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Questions and Answers

What determines the coordinates of the axes in a scatterplot?

  • The average of the data values
  • The number of data points
  • The smallest and largest data values of the variables (correct)
  • The type of relationship between the variables

In a scatter diagram, what is the variable called that is represented on the x-axis?

  • Explanatory variable
  • Independent variable (correct)
  • Control variable
  • Dependent variable

When plotting a scatter diagram, what does not joining the points signify?

  • No data available
  • Relationship between variables not assumed (correct)
  • Data is too scattered
  • Points are not related

What can the pattern of data in a scatterplot indicate about the relationship between two variables?

<p>Type and strength of association (C)</p> Signup and view all the answers

What does the correlation coefficient measure?

<p>Strength and direction of a linear relationship (D)</p> Signup and view all the answers

In correlation analysis, what does a positive correlation between two variables indicate?

<p>Direct relationship (C)</p> Signup and view all the answers

If two variables have a negative correlation, what can be said about their relationship?

<p>They have an indirect relationship (C)</p> Signup and view all the answers

How does correlation coefficient help in decision making?

<p>By measuring association between variables (A)</p> Signup and view all the answers

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Study Notes

Correlation Coefficient Formula

  • The formula for the correlation coefficient (r) is: r = Σ((xi - x̄)(yi - ȳ)) / sqrt(Σ(xi - x̄)² * Σ(yi - ȳ)²)
  • Where: r = correlation coefficient, n = number of data pairs, xi = observed data for the independent variable, yi = observed data for the dependent variable, x̄ = mean of xi, ȳ = mean of yi

Strength of Relationship

  • The strength of the relationship between two variables is determined by the correlation coefficient (r) value
  • 0.00 – 0.19: very weak relationship
  • 0.20 – 0.39: weak relationship
  • 0.40 – 0.59: moderate relationship
  • 0.60 – 0.79: strong relationship
  • 0.80 – 0.99: very strong relationship
  • 1: perfect relationship

Hypothesis Testing

  • The null hypothesis (H0) states that there is no correlation between the x and y variables in the population (ρ = 0)
  • The alternative hypothesis states that there is a correlation between the x and y variables in the population (ρ ≠ 0)

Regression Analysis

  • Regression analysis is a technique used to predict the value of one variable (Y) based on the value of another variable (X)
  • It helps to create a straight line that best fits the data, known as the line of best fit
  • The regression line minimizes the sum of the squares of the residuals

Scatterplots

  • A scatterplot is a graphical representation of the relationship between two quantitative variables
  • It has a rectangular coordinate system, with one variable (X) on the x-axis and the other variable (Y) on the y-axis
  • Each point on the scatterplot represents a single data point
  • Scatterplots can indicate the type of relationship between two variables: positive, negative, or no relationship

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