Determine true or false? a) If the median of X is greater than the mean of X than the distribution of X ispositively skewed. b) For Normal populations the median and the mean are approximately equal. c) The median and the Inter-quartile range are measures of variability in apopulation. d) The correlation between two positive quantities is always positive. e) If the correlation between X and Y is negative than the slope of the regressionline for predicting Y from X is negative. f) Pearsons correlation coefficient is always between -1 and +1. This is notnecessarily true for Spearmans correlation coefficient.
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.
Determine true or false?
a) If the
b) For Normal populations the median and the mean are approximately equal.
c) The median and the Inter-
d) The
e) If the correlation between X and Y is negative than the slope of the regressionline for predicting Y from X is negative.
f) Pearsons
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