Acity's Registrar’s Office answers 60% of the calls from students immediately. Of the 40% calls that are not answered immediately, 75% or the caller receive a follow up call the same day, and 25% receive a follow up call the next day. Of those students whose calls are answered immediately, 80% have schedule related issues. Of those students who were followed up the same day, 60% have schedule related issues. Of those students who were followed up the next day, 40% have schedule related issues. Given that a student has schedule related issues, what is the probability that the call is answered immediately?
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.
Acity's Registrar’s Office answers 60% of the calls from students immediately. Of the 40% calls that are not answered
immediately, 75% or the caller receive a follow up call the same day, and 25% receive a follow up call the next day.
Of those students whose calls are answered immediately, 80% have schedule related issues. Of those students who
were followed up the same day, 60% have schedule related issues. Of those students who were followed up the next
day, 40% have schedule related issues. Given that a student has schedule related issues, what is the
call is answered immediately?
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