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CHAPTER nine. Correlation and Regression. Section 9.1. Correlation. Definitions. Correlation is a relationship between 2 variables. Data is often represented by ordered pairs (x, y) and graphed on a scatter plot X is the independent variable Y is the dependent variable.
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CHAPTER nine Correlation and Regression
Section 9.1 Correlation
Definitions • Correlation is a relationship between 2 variables. • Data is often represented by ordered pairs (x, y) and graphed on a scatter plot • X is the independent variable • Y is the dependent variable
CORRELATION COEFFICIENT • A numerical measure of the strength and direction of a linear relationship between 2 variables x and y. • -1 < r < 1 The closer to -1 or 1, the stronger the linear correlation. The closer to 0, the weaker the linear correlation.
Section 9.2 Linear regression
Regression Line The line whose equation best fits the data in a scatter plot. We can use the equation to predict the value y for a given value of x. Recall: basic form of a line is y = mx + b We’ll use this form, but calculate m and b differently…
Find the equation of the regression line • 18. The square footages and sale prices (in thousands of dollars) of seven homes. Use the line of regression to predict the sale price of a home when x = 1450 sq feet.