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What is the correlation coefficient?

A value, r, that measures the strength and direction of a linear relationship between two variables. Ranges from -1 to 1.

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What is the correlation coefficient?

A value, r, that measures the strength and direction of a linear relationship between two variables. Ranges from -1 to 1.

Define positive correlation.

A relationship where as one variable increases, the other tends to increase.

Define negative correlation.

A relationship where as one variable increases, the other tends to decrease.

What does r = 0 indicate?

No linear correlation between the two variables.

What is a scatterplot?

A graphical representation of the relationship between two variables.

What is the formula for the correlation coefficient, r?

r=1n1i=1n(xixˉsx)(yiyˉsy)r = \frac{1}{n-1} \sum_{i=1}^{n} (\frac{x_i - \bar{x}}{s_x}) (\frac{y_i - \bar{y}}{s_y})

In the formula for r, what do xˉ\bar{x} and yˉ\bar{y} represent?

xˉ\bar{x} and yˉ\bar{y} are the means of the x and y variables, respectively.

In the formula for r, what do sxs_x and sys_y represent?

sxs_x and sys_y are the standard deviations of the x and y variables, respectively.

In the formula for r, what does 'n' represent?

n is the number of data points.

What does \sum represent in the formula for r?

\sum represents the summation of the expression that follows.

What are the differences between a correlation coefficient of 1 and -1?

r = 1: Perfect positive correlation (points form an exact increasing line). | r = -1: Perfect negative correlation (points form an exact decreasing line).

What are the differences between positive and negative correlation?

Positive Correlation: As one variable increases, the other tends to increase. | Negative Correlation: As one variable increases, the other tends to decrease.

What are the differences between correlation and causation?

Correlation: Measures the strength and direction of a relationship between two variables. | Causation: Indicates that one variable directly causes a change in another variable.

What are the differences between linear and non-linear relationships?

Linear Relationships: Can be accurately described by a straight line; correlation coefficient r is applicable. | Non-Linear Relationships: Cannot be accurately described by a straight line; correlation coefficient r may be misleading.

What are the differences between strong and weak correlation?

Strong Correlation: Points on a scatterplot cluster closely around a line; r is close to 1 or -1. | Weak Correlation: Points on a scatterplot are more scattered; r is closer to 0.