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Correlation Coefficient definitions
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Correlation Coefficient
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Correlation Coefficient
A numerical value between -1 and 1 that quantifies the strength and direction of a linear relationship between two variables.
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Terms in this set (15)
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Correlation Coefficient
A numerical value between -1 and 1 that quantifies the strength and direction of a linear relationship between two variables.
Linear Correlation Coefficient
A specific measure, denoted as r, that assesses how closely data points cluster around a straight line.
Direction
Indicates whether the relationship between variables is positive or negative, based on the sign of r.
Strength
Describes how tightly data points cluster around a trend line, with values near 1 or -1 showing strong association.
Positive Correlation
A relationship where increases in one variable tend to accompany increases in the other, reflected by a positive r.
Negative Correlation
A relationship where increases in one variable tend to accompany decreases in the other, reflected by a negative r.
No Correlation
A situation where data points are scattered with no discernible trend, resulting in an r value near zero.
Scatter Plot
A graphical display of paired data points used to visually assess trends or relationships between two variables.
Trend Line
A straight line drawn through data points on a scatter plot to represent the general direction of the relationship.
Best Fit Line
A line that most closely approximates the data in a scatter plot, minimizing the distance from all points.
Graphing Calculator
An electronic device with statistical functions used to compute values like r efficiently from data sets.
Diagnostic On
A calculator setting that enables the display of statistical measures such as r and r squared in output.
Stat Menu
A calculator feature providing access to data entry, editing, and statistical calculations.
LinReg
A calculator function that performs linear regression analysis and outputs values including r and r squared.
r Squared
A value displayed alongside r in calculator output, representing the proportion of variance explained by the model.