For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. What percentage of your campus student body is female? Let p be the proportion of women students on your campus. (a) If no preliminary study is made to estimate p, how large a sample is needed to be 99% sure that a point estimate will be within a distance of 0.06 from p? (Round your answer up to the nearest whole number.) 461 students (b) A report indicates that approximately 57% of college students are females. Answer part (a) using this estimate for (Round your answer up to the nearest whole number.) 92 |× students
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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