Statistics for Business and Economics (13th Edition)
13th Edition
ISBN: 9780134506593
Author: James T. McClave, P. George Benson, Terry Sincich
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 2.8, Problem 2.126ACB
Lobster trap placement. Strategic placement of lobster traps is one of the keys for a successful lobster fisherman. An observational study of teams fishing for the red spiny lobster in Baja California Sur, Mexico, was conducted and the results published in Bulletin of Marine Science (April 2010). Two variables measured for each of eight teams from the Punta Abreojos (PA) fishing cooperative were y = total catch of lobsters (in kilograms) during the season and x = average percentage of traps allocated per day to exploring areas of unknown catch (called search frequency). These data are listed in the next table. Graph the data in a
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
The spotted lanternfly, Lycorma delicatula, is an invasive species to the United States that has the potential to do significant agricultural damage. An ecologist is studying the relationship between the size of the female spotted lanternflies and the number of eggs they produce. The data are summarized below.
Length of insect: AVG = 1 inch, SD = 0.15 inchNumber of eggs: AVG = 40 eggs, SD = 5 eggsr = 0.2
Using regression, we can say that the average number of eggs produced by female spotted lanternflies who are 1.1 inch long is closest to...
Group of answer choices
42
39
40
41
Strategic placement of lobster traps is one of the keys for a successful lobster fisherman. An observational study of teams fishing for the red spiny lobster in Baja
California Sur, Mexico, was conducted and the results published in Bulletin of Marine Science (April 2010). Two variables measured for each of eight teams from the
Punta Abreojos (PA) fishing cooperative were y= total catch of lobsters (in kilograms) during the season and x= average percentage of traps allocated per day to
exploring areas of unknown catch (called search frequency). These data are listed in the accompanying table. Graph the data in a scatterplot. What type of trend, if
any, do you observe?
E Click the icon to view the table of lobster catch data.
Choose the correct plot below.
OA.
O A.
OB.
8000어
8000-
6000-
6000-
홍 4000어.
2000+
4000-
2000+
16 20 24
20 24
28
32
Search Frequency
28
32
36
16
36
Search Frequency
Oc.
С.
OD.
8000-
8000-
6000-
6000-
* 4000-
4000-
2000-
16 20 24 28 32 36
2000+
16 20 24 28 32 36…
When exposed to an infection, a person typically develops antibodies. The extent to which theantibodies respond can be measured by looking at a persons titer, which is a measure of the number of antibodies present. The higher the titer is, the more antibodies that are present. The data in Table represent the titers of 11 ill people and 11 healthy people exposed to the tularemia virus in Vermont. Is the level of titer in the ill group greater than the level of titer in the healthy group? Use the α = 0.10 level of significance.
Chapter 2 Solutions
Statistics for Business and Economics (13th Edition)
Ch. 2.1 - Complete the following table.Ch. 2.1 - A qualitative variable with three classes (X, Y,...Ch. 2.1 - STEM experiences for girls. The National Science...Ch. 2.1 - Cable TV subscriptions and cord cutters. Has the...Ch. 2.1 - Do social robots walk or roll? A social (or...Ch. 2.1 - Top credit card issuers, by region. The Nilson...Ch. 2.1 - Microsoft program security issues. To help its...Ch. 2.1 - Jamming attacks on wireless networks. Refer to the...Ch. 2.1 - The Apprentice contestants performance ratings....Ch. 2.1 - The economic return to earning an MBA. Refer to...
Ch. 2.1 - Profiling UK rental malls. An analysis of the...Ch. 2.1 - History of corporate acquisitions. A corporate...Ch. 2.1 - Twitter opinions of iPhone 6 features. What are...Ch. 2.1 - Museum management. What criteria do museums use to...Ch. 2.1 - Advertising with reader-response cards....Ch. 2.1 - Motivation and right-oriented bias. Evolutionary...Ch. 2.1 - Groundwater contamination in wells. In New...Ch. 2.2 - Graph the relative frequency histogram for the 500...Ch. 2.2 - Refer to Exercise 2.18. Calculate the number of...Ch. 2.2 - Consider the stem-and-leaf display shown here. a....Ch. 2.2 - Minitab was used to generate the following...Ch. 2.2 - Stability of compounds in new drugs. Testing the...Ch. 2.2 - Corporate sustainability of CPA firms. Refer to...Ch. 2.2 - Sanitation inspection of cruise ships. To minimize...Ch. 2.2 - History of corporate acquisitions. Refer to the...Ch. 2.2 - Most valuable NFL teams. Each year Forbes reports...Ch. 2.2 - State SAT scores. Educators are constantly...Ch. 2.2 - Items arriving and departing a work center. In a...Ch. 2.2 - Crude oil biodegradation. In order to protect...Ch. 2.2 - Volkswagen emissions scandal. Recently, the...Ch. 2.2 - Is honey a cough remedy? Does a teaspoon of honey...Ch. 2.2 - Time in bankruptcy. Financially distressed firms...Ch. 2.2 - Prob. 2.33ACACh. 2.2 - Prob. 2.34ACACh. 2.3 - Calculate the mean and median of the following...Ch. 2.3 - Calculate the mean for samples where a. n = 10, x...Ch. 2.3 - Explain how the relationship between the mean and...Ch. 2.3 - Explain the difference between the calculation of...Ch. 2.3 - Calculate the mode, mean, and median of the...Ch. 2.3 - Calculate the mean, median, and mode for each of...Ch. 2.3 - Describe how the mean compares to the median for a...Ch. 2.3 - Use the applet entitled Mean versus Median to find...Ch. 2.3 - Prob. 2.2AECh. 2.3 - Use the applet Mean versus Median to study the...Ch. 2.3 - Hotels use of ecolabels. Ecolabels such as Energy...Ch. 2.3 - Rankings of research universities. Based on...Ch. 2.3 - Performance of stock screeners. Investment...Ch. 2.3 - Performance-based logistics. Refer to the Journal...Ch. 2.3 - Surface roughness of oil field pipe. Oil field...Ch. 2.3 - Prob. 2.47ACICh. 2.3 - Corporate sustainability of CPA firms. Refer to...Ch. 2.3 - Is honey a cough remedy? Refer to the Archives of...Ch. 2.3 - Crude oil biodegradation. Refer to the Journal of...Ch. 2.3 - Symmetric or skewed? Would you expect the data...Ch. 2.3 - Prob. 2.52ACICh. 2.3 - Prob. 2.53ACACh. 2.3 - Prob. 2.54ACACh. 2.3 - Prob. 2.55ACACh. 2.4 - Answer the following questions about variability...Ch. 2.4 - Calculate the range, variance, and standard...Ch. 2.4 - Calculate the variance and standard deviation for...Ch. 2.4 - Compute x,s2, and s for each of the following data...Ch. 2.4 - Calculate the range, variance, and standard...Ch. 2.4 - Using only integers between 0 and 10, construct...Ch. 2.4 - Using only integers between 0 and 10, construct...Ch. 2.4 - Consider the following sample of five...Ch. 2.4 - Use the applet entitled Standard Deviation to find...Ch. 2.4 - Use the applet Standard Deviation to study the...Ch. 2.4 - Use the applet Standard Deviation to study the...Ch. 2.4 - Hotels use of ecolabels. Refer to the Journal of...Ch. 2.4 - Permeability of sandstone during weathering. Refer...Ch. 2.4 - Performance of stock screeners. Refer to the...Ch. 2.4 - Corporate sustainability of CPA firms. Refer to...Ch. 2.4 - Is honey a cough remedy? Refer to the Archives of...Ch. 2.4 - Active nuclear power plants. Refer to Exercise...Ch. 2.4 - Estimating production time. A widely used...Ch. 2.5 - The output from a statistical software package...Ch. 2.5 - Prob. 2.72LMCh. 2.5 - For a set of data with a mound-shaped relative...Ch. 2.5 - The following is a sample of 25 measurements: a....Ch. 2.5 - Given a data set with a largest value of 760 and a...Ch. 2.5 - Voltage sags and swells. The power quality of a...Ch. 2.5 - Permeability of sandstone during weathering. Refer...Ch. 2.5 - Do social robots walk or roll? Refer to the...Ch. 2.5 - College dropout study. The American Economic...Ch. 2.5 - Motivation of drug dealers. Consider a study of...Ch. 2.5 - Sanitation inspection of cruise ships. Refer to...Ch. 2.5 - Volkswagen emissions scandal. Refer to the...Ch. 2.5 - Auditing water resources in Australia. Australia...Ch. 2.5 - The Apprentice contestants performance ratings....Ch. 2.5 - Shopping vehicle and judgment. While shopping at...Ch. 2.5 - Buy-side vs. sell-side analysts earnings...Ch. 2.5 - Prob. 2.87ACACh. 2.5 - Improving SAT scores. The National Education...Ch. 2.5 - Prob. 2.89ACACh. 2.6 - Compute the z-score corresponding to each of the...Ch. 2.6 - Give the percentage of measurements in a data set...Ch. 2.6 - In terms of percentiles, define QL, QM and QU.Ch. 2.6 - Compare the z-scores to decide which of the...Ch. 2.6 - Suppose that 40 and 90 are two elements of a...Ch. 2.6 - Mathematics assessment test scores. According to...Ch. 2.6 - Prob. 2.96ACBCh. 2.6 - Prob. 2.97ACBCh. 2.6 - Sanitation inspection of cruise ships Refer to the...Ch. 2.6 - Prob. 2.99ACICh. 2.6 - Prob. 2.100ACICh. 2.6 - Executive networking and firm performance. Do...Ch. 2.6 - Blue- vs. red-colored exam study. In a study of...Ch. 2.6 - Ranking PhD programs in economics. Thousands of...Ch. 2.6 - Using z-scores for grades. At one university, the...Ch. 2.6 - Prob. 2.105ACACh. 2.7 - A sample data set has a mean of 57 and a standard...Ch. 2.7 - Suppose a data set consisting of exam scores has a...Ch. 2.7 - Consider the horizontal box plot shown below. a....Ch. 2.7 - Prob. 2.109LMCh. 2.7 - Prob. 2.7AECh. 2.7 - Rankings of research universities. Refer to the...Ch. 2.7 - Voltage sags and swells. Refer to the Electrical...Ch. 2.7 - Treating psoriasis with the Doctorfish of Kangal....Ch. 2.7 - Budget lapsing at army hospitals. Accountants use...Ch. 2.7 - Salary offers to MBAs. Consider the top salary...Ch. 2.7 - Prob. 2.115ACICh. 2.7 - Prob. 2.116ACICh. 2.7 - Sanitation inspection of cruise ships. Referto...Ch. 2.7 - Network server downtime. A manufacturer of network...Ch. 2.7 - Permeability of sandstone during weathering. Refer...Ch. 2.7 - Prob. 2.120ACACh. 2.7 - Prob. 2.121ACACh. 2.8 - Construct a scatterplot for the data in the...Ch. 2.8 - Construct a scatterplot for the data in the...Ch. 2.8 - Prob. 2.124ACBCh. 2.8 - Prob. 2.125ACBCh. 2.8 - Lobster trap placement. Strategic placement of...Ch. 2.8 - Does elevation impact hitting performance in...Ch. 2.8 - Prob. 2.128ACBCh. 2.8 - Prob. 2.129ACBCh. 2.8 - Spreading rate of spilled liquid A contract...Ch. 2.8 - Performance ratings of government agencies. The...Ch. 2.8 - Most valuable NFL teams. Refer to the Forbes...Ch. 2.8 - Best-paid CEOs. Refer to Glassdoor Economic...Ch. 2.8 - Prob. 2.134ACACh. 2.10 - Museum management. Refer to the Museum Management...Ch. 2.10 - Volkswagen emissions scandal. Refer to the...Ch. 2.10 - BP oil leak. In the summer of 2010, an explosion...Ch. 2 - Construet a relative frequency histogram for the...Ch. 2 - Discuss the conditions under which the median is...Ch. 2 - Consider the following three measurements: 50, 70,...Ch. 2 - Refer to Exercise 2.141c. For parts a-d, determine...Ch. 2 - For each of the following data sets, compute x,...Ch. 2 - For each of the following data sets, compute x,...Ch. 2 - Explain why we generally prefer the standard...Ch. 2 - If the range of a set of data is 20, find a rough...Ch. 2 - Prob. 2.147LMCh. 2 - Motivation of drug dealers. Refer to the Applied...Ch. 2 - Slogs for Fortune 500 firms. Web site...Ch. 2 - Management system failures. The U.S. Chemical...Ch. 2 - Business marketing publications....Ch. 2 - U.S. business bankruptcies. The American...Ch. 2 - Prob. 2.153ACBCh. 2 - Products Made in the USA. Made in the USA is a...Ch. 2 - Prob. 2.155ACBCh. 2 - Drivers stopped by police. According to the Bureau...Ch. 2 - U.S. wine export markets. The Center for...Ch. 2 - Prob. 2.158ACICh. 2 - Hull failures of oil tankers. Owing to several...Ch. 2 - Software defects. The Promise Software Engineering...Ch. 2 - Prob. 2.161ACICh. 2 - Time to develop price quotes. A manufacturer of...Ch. 2 - Trend in Iraq War casualties. While the United...Ch. 2 - Prob. 2.164ACICh. 2 - Radiation levels in homes. In some locations,...Ch. 2 - Doctors and ethics. For physicians confronted with...Ch. 2 - Prob. 2.167ACICh. 2 - Investigating the claims of weight-loss clinics....Ch. 2 - Age discrimination study. The Age Discrimination...Ch. 2 - No Child Left Behind Act. According to the...Ch. 2 - Steel rod quality. In his essay Making Things...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- A recent study on driving behavior examined whether the combination of high driving skills and low safety skills is dangerous. Participants were classified as high or low in driving skill based on responses to a driver-skill inventory, then classified as high or low in safety skill based on responses to a driver-aggression scale. An overall measure of driving risk was obtained by combining several variables such as number of accidents, tickets, tendency to speed, etc. The following data were obtained. Use a 2 x 2 ANOVA with the .05 significance level to evaluate the results. What cutoff score(s) should be used? Driving Skill Low High Safety Skill Low M1=5 M2=4.5 S1=2.7 S2=3.8 N1=6 N2=6 HIgh M3=3 M4=3.5 S3=2.9 S4=2.5 N3=6 N4=6 Group of answer choices +4.35 +3.40 +3.49 +4.26arrow_forwardA recent study on driving behavior examined whether the combination of high driving skills and low safety skills is dangerous. Participants were classified as high or low in driving skill based on responses to a driver-skill inventory, then classified as high or low in safety skill based on responses to a driver-aggression scale. An overall measure of driving risk was obtained by combining several variables such as number of accidents, tickets, tendency to speed, etc. The following data were obtained. Use a 2 x 2 ANOVA with the .05 significance level to evaluate the results. Which of the following is one of the research hypotheses? Driving Skill Low High Safety Skill Low M1=5 M2=4.5 S1=2.7 S2=3.8 N1=6 N2=6 HIgh M3=3 M4=3.5 S3=2.9 S4=2.5 N3=6 N4=6 Group of answer choices The difference in driving risk between drivers with high and low driving safety does not depend on driving skill level On average, drivers classified as high and low in safety skill do not…arrow_forwardRecent research indicates that the effectiveness of anti-depressant medication is directly related to the severity of the depression (Khan, Brodhead. Kolts, and Brown, 2005). Based on pre-treatment dcprcssion scores, paticnts werc divlded into four groups based on their level of depi ession. After receiving the antidepression medication, depi ession scores were measured again and the amount of improvement was recorded for cach pcrsion. The following data are similar to the results of the study. Moderately High Moderate Moderate Low Severe Severe 4 5 N= 16 2 3 6 6 G= 48 +a 2 2. 2 6 ΣΧ- 2 4 M=2.5 M=2 M=4 M-5 T= 10 T= 8 T= 16 T=20 SS=. .. SS=2 SS=8 SS- 6 A, Complete the places marking by ... and answer the question whether the data indicate significant difference among the four levels of severity? Test with a= 0.05. B, Compute n', the percentage of variance expressed by group difference.arrow_forward
- While it is known from data on national sales that 25% of cars sold are sedans, a survey in one city indicated that 21% of individuals owned one. Identify which of the numbers is a parameter and which is a statistic.arrow_forwardFoot ulcers are a common problem for people with diabetes. Higher skin temperatures on the foot indicate an increased risk of ulcers. The article "An Intelligent Insole for Diabetic Patients with the Loss of Protective Sensation" (Kimberly Anderson, M.S. Thesis, Colorado School of Mines), reports measurements of temperatures, in °F, of both feet for 181 diabetic patients. The results are presented in the following table. Left Foot Right Foot 80 80 85 85 75 80 88 86 89 87 87 82 78 78 88 89 89 90 76 81 89 86 87 82 78 78 80 81 87 82 86 85 76 80 88 89 Construct a scatterplot of the right foot temperature (y) versus the left foot temperature (x). Verify that a linear model is appropriate. b. Compute the least-squares line for predicting the right foot temperature from the left foot temperature. If the left foot temperatures of two patients differ by 2 degrees, by how much would you predict their right foot temperatures to differ? Predict the right foot temperature for a patient whose left…arrow_forwardThe stated goal of a chain of service stores is to provide a lube and oil change for anyone's automobile in 15 minutes. The manager at one store thinks that there is a growing disparity among his workers in the time it takes to lube and change the oil of an automobile. To monitor this, the manager has selected a sample of 20 days and has recorded the time it took five randomly selected employees to service an automobile. The data are found below. Complete parts a through d Click the icon to view the data. a. The manager noticed that the longest time it took to service a car was 25.73 minutes. Suppose the distribution of fimes to service a car was normal, with a mean of 15. Without analyzing the sample data, use your knowledge of a normal distribution to give the manager an estimate for the population standard deviation for the time it takes to service a car. The standard deviation is minutes. (Round to two decimal places as needed.) b. Use the data to construct an x- and an R-chart.…arrow_forward
- Researchers Holdgate et al. (2016) studied walking behavior of elephants in North American zoos to see if there is a difference in average distance traveled by African and Asian elephants. They put GPS loggers on 33 African elephants and 23 Asian elephants and measured the distance (in kilometers) the elephants walked per day. The data in the file below Elephants contains results that are consistent with what the researchers found: Species Distance: African 6.12 African 3.65 African 4.26 African 3.8 African 5.23 African 5.02 African 5.17 African 5.37 African 4.89 African 6.4 African 6.42 African 6.85 African 3.38 African 7.71 African 4.02 African 3.52 African 5.81 African 5.83 African 7.02 African 6.11 African 4.62 African 5.54 African 3.2 African 5.49 African 5.47 African 6.97 African 3.74 African 3.04 African 7.84 African 8.62 African 7.63 African 5.25 African 4.19 Asian 1.39 Asian 2.59 Asian 8.03 Asian 7.93 Asian 0.33 Asian 8.22 Asian 6.95 Asian 2.39 Asian 3.89 Asian 10.53 Asian…arrow_forwardThe Senator of Azenator State, is worried about the rising numbers in high blood pressure related deaths in his Jurisdiction and wants an end to this canker. A reputable medical research officer has claimed that, the situation is probably as a result of the ageing population of his State. The blood pressures, Y (mmHg), and Ages, X (years) of 10 hospital patients were sampled from Azenator State and summarized below. Patient A B C D E F G H I J Age(X) in Years 20 25 50 30 45 60 10 15 35 70 BP(Y) in (mmHg) 80 85 125 90 100 135 80 70 100 140 NB: Approximate to 2 decimal placesUse the table to answer the questions that follow;i) Calculate the product moment correlation coefficient for the data and interpret your result.ii) If the Senator decides to purchase and distribute Norvasc (a medicine that reduces blood pressure), based on your results in (i), which age group (youth or old adults) should be given priority? Briefly explain your answer. iii) Give a reason to support fitting…arrow_forwardMandrake Falls High School is experimenting with a weekend course in laboratory techniques. Of the 200 students enrolled in lab classes at Mandrake, only 78 have been able to take the techniques course. Mandrake is interested in evaluating the course's effectiveness in propagating safety in the laboratories. During regular lab classes, lab instructors have recorded harmful lab incidents: accidents, misuse of lab equipment, etc. The school is looking at the data and examining two variables: laboratory performance ("involved in no incident", "involved in exactly one incident", or "involved in 2+ incidents") and status regarding lab techniques course ("took the techniques course" or "didn't take the techniques course"). The contingency table below gives a summary of the data that have been gathered so far. In each of the 6 cells of the table are three numbers: the first number is the observed cell frequency (f); the second number is the expected cell frequency (E) under the assumption…arrow_forward
- Recent research indicates that the effectiveness of antidepressant medication is directly related to the severity of the depression (Khan, Brodhead, Kolts & Brown, 2005). Based on pretreatment depression scores, patients were divided into four groups based on their level of depression. After receiving the antidepressant medication, depression scores were measured again and the amount of improvement was recorded for each patient. The following data are similar to the results of the study. LowModerate HighModerate ModeratelySevere Severe 0.5 2.7 3.4 2.6 1.7 0.8 2.6 5.3 3.3 1.9 1.1 4 2.6 1.4 4.3 2.6 1.4 2.9 3.6 4.6 3.1 3.2 4.8 1.4 From this table, conduct an one-way ANOVA. Calculate the F-ratio and p-value. Be sure to round your answers to three decimal places. Assume all population and ANOVA requirements are met.F-ratio: p-value:arrow_forwardRecent research indicates that the effectiveness of antidepressant medication is directly related to the severity of the depression (Khan, Brodhead, Kolts & Brown, 2005). Based on pretreatment depression scores, patients were divided into four groups based on their level of depression. After receiving the antidepressant medication, depression scores were measured again and the amount of improvement was recorded for each patient. The following data are similar to the results of the study. LowModerate HighModerate ModeratelySevere Severe 2.4 0.2 2.5 3.5 1.6 1.7 2.7 4.3 2.7 3.4 2 3.4 0.5 1.2 5.2 5.1 2.4 2.3 4 3.5 1.8 0.3 4.1 3.8 From this table, conduct an one-way ANOVA. Calculate the F-ratio and p-value. Be sure to round your answers to three decimal places. Assume all population and ANOVA requirements are met.F-ratio: _____p-value: _____What is your final conclusion? Use a significance level of α=0.05. (Select one): There is sufficient evidence that…arrow_forwardRecent research indicates that the effectiveness of antidepressant medication is directly related to the severity of the depression (Khan, Brodhead, Kolts & Brown, 2005). Based on pretreatment depression scores, patients were divided into four groups based on their level of depression. After receiving the antidepressant medication, depression scores were measured again and the amount of improvement was recorded for each patient. The following data are similar to the results of the study. LowModerate HighModerate ModeratelySevere Severe 0.3 1.2 2.2 1.8 3.8 1.7 1.4 2.8 3.2 0.4 0.6 2.6 2.3 1.2 1.6 2.6 2 3.2 1.6 2.2 0.6 1.2 1.6 1 2.7 1 2.2 0.6 1.4 1.6 3.3 2.7 2.2 2.9 3.7 2.6 0.9 0.7 3.4 3.1 2.6 1.7 0.8 1.8 2 1.4 1.6 4.1 1.7 0.9 3.3 2.3 1.6 1.1 3.5 1.4 3.5 1.9 0.4 4.2 1.5 2.3 2.2 2.9 1.4 2.2 2.7 2.8 2.1 1.9 1.9 3.9 1.5 2.7 0.8 1.5 1 3 2.1 3.7 1.5 0.9 2.4 1.9 2.7 3.2 0.8 2.7 2.2 2.9 1.8 1.2 2.4 1.7 3.2 1.3 2.2 2.4 1.1 1 2.6 2…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY