21 29 20 22 24 18 28 33 17 27 16 Old 19 26 18 20 22 16 25 29 15 24 New 15
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.
Revised mpg Ratings Using the listed old/new mpg ratings, find the best predicted new mpg rating for a car with an old rating of 30 mpg. Is there anything to suggest that the prediction is likely to be quite good?
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
