bivariate data
Cards (8)
- correlation: a measure of the association between numerical values.
- interpolation: explanatory variable for the prediction lies within the given data set
- extrapolation: prediction is outside data set
- r = 1 thus a perfect positive corrolation
- r = 0 thus no linear correlation
- r = -1 thus perfect negative correlation
- correlation does not equal causation
- coefficient of determination: percentage of the response variable that can be explained by the explanatory variable