The table shows the relationship between y, the cost to rent a boat, and x, the amount of time the boat is rented. Boat Rental Costs Time, x Cost, y (hours) (dollars) 1 32 3 56 80 104 Which graph best represents the relationship between x and y shown in the table? Boat Rental Boat Rental 3 8 16 24 32 40 48 56 64 72 80 Time (hours) 80 Time (hours) Boat Rental Boat Rental 80 72 152 64 128 56 104 48 80 40 56 32 32 24 16 0 1 2 3 45 Time (hours) 1 2 3 4 5 Time (hours) Cost (dollars) Cost (dollars) Cost (dollars) Cost (dollars) 128 152
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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