Asked by Deshan Brown on Sep 24, 2024
Three measures of the linear relationship between x and y are the coefficient of correlation,the coefficient of determination,and the coefficient of variation.
Coefficient of Correlation
A numerical measure that indicates the strength and direction of a linear relationship between two variables.
Coefficient of Variation
A measure of relative variability computed as the ratio of the standard deviation to the mean, often expressed as a percentage.
- Evaluate and decipher the linear interactions among variables, encompassing an understanding of correlation and determination coefficients.
Learning Objectives
- Evaluate and decipher the linear interactions among variables, encompassing an understanding of correlation and determination coefficients.