1. The following table shows, a random survey of small group of students information on the ages and the number of books they had read in the past year. Age(years) Books read 16 5 15 3 18 8. 17 6. 16 4 15 4 14 5 17 15 a) Draw a scatter plot and determine the correlation coefficient using software (round to 3 places of decimals) and classify it. b) Determine the equation of the line of best fit by using software (round to 3 places of decimals). c) Identify the outlier (from the scatter plot) d) Determine the correlation coefficient and the equation of the line of best fit without the outlier, by using software. (round to 3 places of decimals). Classify the correlation coefficient
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
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