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Correlation and Regression Analysis

This document discusses correlation and regression analysis. It defines bivariate data as data involving two variables, and provides examples like IQ and math scores, gas volume and pressure, and object elongation under stress. Correlation analysis determines if a relationship exists between two variables. A scatterplot graphically shows the relationship between two variables by plotting their paired values and can reveal if they are positively, negatively, or not correlated. The strength of correlation can be perfect, very high, moderately high, etc. based on how close the data points lie to an imaginary "line of best fit." Understanding these statistical concepts is important for predicting outcomes and discovering relationships between variables.

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246 views24 pages

Correlation and Regression Analysis

This document discusses correlation and regression analysis. It defines bivariate data as data involving two variables, and provides examples like IQ and math scores, gas volume and pressure, and object elongation under stress. Correlation analysis determines if a relationship exists between two variables. A scatterplot graphically shows the relationship between two variables by plotting their paired values and can reveal if they are positively, negatively, or not correlated. The strength of correlation can be perfect, very high, moderately high, etc. based on how close the data points lie to an imaginary "line of best fit." Understanding these statistical concepts is important for predicting outcomes and discovering relationships between variables.

Uploaded by

ArvinEnriquez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Correlation and

Regression
Analysis
When we say “healthy students are better students,” are we
saying that the academic performance of a student depends on his
health?

If you know the monthly net profit of a company for a period of


time, can you predict its net profit for the coming months?

When one applies for a job, what requirements are needed for
submission? Why are they required? Can a hiring officer predict the
kind of worker an applicant will be based on the submitted
requirements?
UNDERSTANDING CORRELATION ANALYSIS

Lesson Objectives

At the end of this lesson, you are expected to:


- describe the nature of bivariate data;
- construct the scatterplot for a set of bivariate data;
- draw the best-fit line on a scatter plot; and
- estimate the strength of association between two
variables based on a scatterplot.
Why does profit usually increase when
capital increases? Why does savings
generally increase when expenditures
decrease? Why does blood pressure
increase when one gets older?
Bivariate data are data that
involve two variables as different from
Univariate data that involve
only a single variable.
There are a lot of examples of bivariate data. For
example, in a class, IQ scores and math scores in a
long exam can be collected. In chemistry, a confined
gas can have different volumes and corresponding
pressure. In physics, an elastic spring can be subjected
to varying stress which will be accompanied by a
corresponding elongation or strain. In monitoring, we
can collect from different cars their ages and their
mileages.
CORRELATION ANALYSIS
- is a statistical method used to determine
whether a relationship between two
variables exists.
The graph that you have constructed is
called a scatterplot. By examining the
scatterplot, is there a relationship between the
length of the arm span and the height of a
person? What do you think?
SEATWORK:
What are bivariate data? Give examples of
bivariate data.
The relationship or correlation between two variables may be described in terms of
direction and strength.
The direction of correlation maybe positive, negative, or zero.
The strength of correlation maybe perfect, very high, moderately high,
moderately low, very low, and zero.
SCATTER PLOT
A scatter plot is sometimes written as one-word,
scatter and is also called scatter graph or scatter diagram. A
scatter plot shows how each point collected from a set of
bivariate data are scattered on the Cartesian Plane. It gives a
good visual picture of the two variables which helps in
finding the relationship that exists between the two
variables. A scatter plot is a graphical representation of the
relationship between two variables.
SEATWORK:
EXPLORING THE
PEARSON PRODUCT-
MOMENT
CORRELATION
ENTRY CARD
SEATWORK:

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