I. R^2 is the square of correlation coefficient II. Correlation coefficient equals to zero always mean that there is no relationship whatsoever between two variables X and Y III. If we want to test whether there exist a linear relationship between X and Y where Y depends on X, we can either use t-test or f-test. IV. While deriving the fitted regression equation, SSE values are maximized
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.
I. R^2 is the square of
II. Correlation coefficient equals to zero always mean that there is no relationship whatsoever between two variables X and Y
III. If we want to test whether there exist a linear relationship between X and Y where Y depends on X, we can either use t-test or f-test.
IV. While deriving the fitted regression equation, SSE values are maximized
![I. R is the square of correlation coefficient
II. Correlation coefficient equals to zero always mean that there is no relationship whatsoever between two
variables X and Y
III. If we want to test whether there exist a linear relationship between X and Y where Y depends on X, we can either
use t-test or f-test.
IV. While deriving the fitted regression equation, SSE values are maximized
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