The relationship between two variables is given in the equation 35+19n=A35+19n=A Which of the following situations could be represented using the equation above? A) The price of a caterer for a party is $35 for each dinner ordered and $19 for each dessert ordered. B) The fee for a computer consultant is $19 for an administration charge and $35 for each hour worked. C) The cost of silk screening a design on T-shirts is $19 for each shirt created and a $35 design fee. D) The bill for framing a painting is $35 for each square inch of glass required and $19 for the wooden frame.
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 relationship between two variables is given in the equation 35+19n=A35+19n=A
Which of the following situations could be represented using the equation above?
- A) The price of a caterer for a party is $35 for each dinner ordered and $19 for each dessert ordered.
- B) The fee for a computer consultant is $19 for an administration charge and $35 for each hour worked.
- C) The cost of silk screening a design on T-shirts is $19 for each shirt created and a $35 design fee.
- D) The bill for framing a painting is $35 for each square inch of glass required and $19 for the wooden frame.
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