A football coach is looking for a way to identify players that are "under weight". The coach decides to get data for each player's height (x, in inches) and weight (y, in pounds), then does a linear regression. The results are: y = 58+3.7x, r = 0.86 and the standard error is Se = 10.4. Since there is a strong linear correlation the coach, who also majored in Statistics, decides to identify all "outliers" in the data. Obviously, any player whose weight is above the regression line is not "under weight". So the only outliers the coach is interested in are those that are below the regression line. What is the lowest weight possible for a 75 inch player to not be considered "under weight"? Do not round.
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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