Define both x and y in all problems. x is the cause, and y is the effect. This is the most important step when doing linear regression, otherwise, all the remanding parts will be wrong. A ridiculous study was conducted to see how the weights of lemons imported from Mexico (in metric tons)influences the US car crash fatality rates per 100,000population. y = 16.5 –0.00282x r = -0.959 a. According to the equation if 1,200 metric tons of lemons were imported from Mexico, what would the fatality rate be? b. What does the slope mean in terms of the situation? c. What does the y-intercept mean in terms of the situation? d. What does the coefficient of determination mean in terms of the situation? ( Hint: You have to square the correlation coefficient, r, to get the coefficient of determination).
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.
Define both x and y in all problems. x is the cause, and y is the effect. This is the most important step when doing linear regression, otherwise, all the remanding parts will be wrong.
A ridiculous study was conducted to see how the weights of lemons imported from Mexico (in metric tons)influences the US car crash fatality rates per 100,000population.
y = 16.5 –0.00282x r = -0.959
a. According to the equation if 1,200 metric tons of lemons were imported from Mexico, what would the fatality rate be?
b. What does the slope mean in terms of the situation?
c. What does the y-intercept mean in terms of the situation?
d. What does the coefficient of determination mean in terms of the situation? ( Hint: You have to square the
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