The regression line that relates hours an adult spent at the local mall, x , to amount spent at the mall, y , is y=62+0.48x , from this equation we know that the best prediction for the amount spent at the mall by an adult who spent no time at the mall is 62. false true
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.
The regression line that relates hours an adult spent at the local mall, x , to amount spent at the mall, y , is y=62+0.48x , from this equation we know that the best prediction for the amount spent at the mall by an adult who spent no time at the mall is 62.
- false
- true
Let,
x: The number of hours an adult spent at the local mall.
y: The amount spent at the mall.
Given:
The regression line is
y=62+0.48x
We have to find the best prediction from this equation for the amount spent at the mall by an adult who spent no time at the mall.
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