Key Differences Between Correlation and Regression
Correlation measures the relationship between two variables, while regression fits a line to estimate one variable based on another and aims to predict values. Correlation is symmetrical and indicates strength of association, whereas regression reflects the impact of changes in the independent variable on the dependent variable.
Download as DOCX, PDF, TXT or read online on Scribd
0 ratings0% found this document useful (0 votes)
187 views
Key Differences Between Correlation and Regression
Correlation measures the relationship between two variables, while regression fits a line to estimate one variable based on another and aims to predict values. Correlation is symmetrical and indicates strength of association, whereas regression reflects the impact of changes in the independent variable on the dependent variable.
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2
Key Differences Between Correlation and Regression
The points given below, explains the difference between correlation and regression in detail: 1.
A statistical measure which determines the co-relationship or association of two
quantities is known as Correlation. Regression describes how an independent variable is numerically related to the dependent variable.
2.
Correlation is used to represent the linear relationship between two variables. On
the contrary, regression is used to fit the best line and estimate one variable on the basis of another variable.
3.
In correlation, there is no difference between dependent and independent
variables i.e. correlation between x and y is similar to y and x. Conversely, the regression of y on x is different from x on y.
4.
Correlation indicates the strength of association between variables. As opposed
to, regression reflects the impact of the unit change in the independent variable on the dependent variable.
5.
Correlation aims at finding a numerical value that expresses the relationship
between variables. Unlike regression whose goal is to predict values of the random variable on the basis of the values of fixed variable. Conclusion With the above discussion, it is evident, that there is a big difference between these two mathematical concepts, although these two are studied together. Correlation is used when the researcher wants to know that whether the variables under study are correlated or not, if yes then what is the strength of their association. Pearsons correlation coefficient is regarded as the best measure of correlation. In regression analysis, a functional relationship between two variables is established so as to make future