A data set reports the car mileage for 150 student cars. The median car mileage is 50,000 miles ; QU = 82,000 miles and QL = 25,000 miles. Which of the following car mileages are outliers with respect to a box-plot of this data set? I. 500 miles II. 160,000 miles III. 185,000 miles
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.
A data set reports the car mileage for 150 student cars. The
I. 500 miles
II. 160,000 miles
III. 185,000 miles
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