der the joint hypothesis Ho B2 = 0, B3 = 0 %3D The results of the restricted model are: Source | df Number of obs, = ES 1, Prob > F R-squared MS 392 390) - 878.83 Model Jt 1 16497.7598 390 18.7723941 7598 0.0000 %3D Residual EAWEE 0.6926 %3D Adi R-squared aulu6918 Total Lm23818.9935. 391 60.9181419 Root MSE - 4.3327 Coef. Std. Err. I P>|t| (95% Conf. Interval] wat. cons -.0076473 46.21652 .000258 .7986725 -29.65 0.000 57.87 0.000 -.0081545 44.64628 -.0071402 47.78677 Testing this hypothesis at 5% critical level, we conclude that:
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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