5) Eli noticed that as the people around him got older, the more medical conditions they seemed to have. He surveyed friends and family members and plotted points on a graph to see if there was a relationship. Then he drew a line of best fit based on the fact that his line went through the most points possible. Decide whether each statement is True or False. True False The line of best fit should be higher to be closer to all of the points. The line of best ft should be lower so that it will go through more points.E Es ine is the best fit. 20 40 60 80 100 120 Age (in years) Number of Medical Conditions
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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