Correlation coefficients

    Cards (7)

    • What are correlation coefficients?
      Correlation indicates the strength of a linear relationship between 2 sets of data.
    • What are the 2 correlation coefficients?
      • PMCC
      • SRCC
    • How are the correlation coefficients calculated?

      Since data is for 2 variables, we use menu, 6, 2
      • For PMCC use raw data
      • For SRCC use ranked data
    • Scatter diagrams
      When using bivariate data we are best suited to using a scatter diagram because:
      • we can see the shape of the distribution
      • we check for outliers
      • we estimate the correlation value
    • Correlation vs causation
      2 variables have a casual relationship if a change in one variable causes a change in the other. Just because there is a correlation does not mean that a casual relationship exists.
    • Exam technique for correlation coefficients
      • PMCC requires bivariate normal
      • Value for PMCC and SRCC is unaffected by linear scaling
    • Why might SRCC be preferred to PMCC
      • if our data is qualitative
      • if relationship is not linear
      • if population distributions are not normal
      • if data is already ranked
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