In the table below we have a study that investigates the time (seconds) to package objects and the volume (dm3 ) that such objects occupy. A sample was observed and the following were obtained. results: (a) Calculate the linear correlation coefficient and interpret it in the context of the data. (b) Determine the equation of the linear regression line. (c) Draw the scatter diagram and plot the linear regression line on the same diagram.
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.
In the table below we have a study that investigates the time (seconds) to package objects and the volume (dm3 ) that such objects occupy. A sample was observed and the following were obtained. results:
(a) Calculate the linear
(b) Determine the equation of the linear regression line.
(c) Draw the
(d) Do you think knowing package volume helps you predict packing time?
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