Court Income 404 15€7 1131 272 252 154 65 32 Justice Salary 111 44 92 56 46 61 25 26 30 18
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.
find the (a) explained variation, (b) unexplained variation, and (c) indicated prediction interval. In each case, there is sujficient evidence to support a claim of a
Town Courts Listed below are amounts of court income and salaries paid to the town justices (based on data from the Poughkeepsie Journal). All amounts are in thousands of dollars, and all of the towns are in Dutchess County, New York. For the prediction interval, use a 99% confidence level with a court income of $800,000.
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