Stem-and-leaf of Data: Amount of Money earned in a day in dollars Leaf Unit = 10 N = 59 3 234 13 3 55779999 (**) 4 0001233 14 4 5569 *** 03344 7788 1 1 (i) What is the range of the distribution? (ii) What are the values of *, ** and ***? (iii) What is the median of the distribution? (iv) Use the stem-and-leaf diagram above to draw a box-and-whisker diagram. (v) Comment on the skewness of the distribution. N 5
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.
Need answers for these
Step by step
Solved in 2 steps
