Refer to the following: For countries listed in the Human Development Report, the correlation between the percent of people using the Internet and per capita gross domestic product (GDP) is 0.888. The correlation (r) between the percent of people using the Internet and the percent using cell phones is 0.818. The correlation between the percent of people using the Internet and the literacy rate is 0.669. The correlation between the percent of people using the Internet and the fertility rate is -0.551. Interpret a) the correlation between Internet use and GPD, and b) the correlation between Internet use and the fertility rate. In your interpretations, take into account the direction and strength of the relationship between the variables. Also interpret the correlations correctly with regard to the standardized slope.
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.
Refer to the following: For countries listed in the Human Development Report, the correlation between the percent of people using the Internet and per capita gross domestic product (GDP) is 0.888. The correlation (r) between the percent of people using the Internet and the percent using cell phones is 0.818. The correlation between the percent of people using the Internet and the literacy rate is 0.669. The correlation between the percent of people using the Internet and the fertility rate is -0.551.
- Interpret a) the correlation between Internet use and GPD, and b) the correlation between Internet use and the fertility rate. In your interpretations, take into account the direction and strength of the relationship between the variables. Also interpret the
correlations correctly with regard to the standardized slope.
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