You estimated the following regression. Which of the following is the estimated regression line? Source | SS df MS Number of obs = 309 -------------+---------------------------------- F(1, 307) > 99999.00 Model | 3.4298e+09 1 3.4298e+09 Prob > F = 0.0000 Residual | 5008792.71 307 16315.2857 R-squared = 0.9985 -------------+---------------------------------- Adj R-squared = 0.9985 Total | 3.4348e+09 308 11152012 Root MSE = 127.73 ------------------------------------------------------------------------------ Y | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- X | 39.83786 .0868877 458.50 0.000 39.66689 40.00883 _cons | 55.9075 9.036526 6.19 0.000 38.12613 73.68886 ------------------------------------------------------------------------------ Group of answer choices a Y = 0.09 + 9.04*X b Y = 9.04 + 0.09*X c Y = 55.91 + 39.84*X d Y = 39.84 + 55.91*X
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.
You estimated the following regression. Which of the following is the estimated regression line?
Source | SS df MS Number of obs = 309
-------------+---------------------------------- F(1, 307) > 99999.00
Model | 3.4298e+09 1 3.4298e+09 Prob > F = 0.0000
Residual | 5008792.71 307 16315.2857 R-squared = 0.9985
-------------+---------------------------------- Adj R-squared = 0.9985
Total | 3.4348e+09 308 11152012 Root MSE = 127.73
------------------------------------------------------------------------------
Y | Coef. Std. Err. t P>|t| [95% Conf. Interval]
-------------+----------------------------------------------------------------
X | 39.83786 .0868877 458.50 0.000 39.66689 40.00883
_cons | 55.9075 9.036526 6.19 0.000 38.12613 73.68886
------------------------------------------------------------------------------
a Y = 0.09 + 9.04*X
b Y = 9.04 + 0.09*X
c Y = 55.91 + 39.84*X
d Y = 39.84 + 55.91*X
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