The accompanying data on x= Average energy density (calories per 100 grams) and y=Average cost (in dollars) for eight different food groups are from the paper (The cost of U.S. Foods as Related to Their Nutritional Value' (American Journal of Clinical Nutrition [2010]: 1181-1188). The authors were interested in the relationship between average cost and the average energy density of foods. Food Group Average Cost Average Energy Density Milk and milk products 0.40 182 Eggs 0.32 171 Dry beans, legumes, nuts and seeds 0.50 330 Grain products 337 0.47 Fruit 0.28 67 Vegetables 0.33 83 Fats, oils, and salad dressings 0.37 390 Sugars, sweets and beverages 0.40 242 The equation of the least squares regression line is given as :
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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