Describe the ranges of the Spearman rank correlation coefficient and the Pearson correlation coefficient.
Table of contents
- 1. Intro to Stats and Collecting Data1h 14m
- 2. Describing Data with Tables and Graphs1h 55m
- 3. Describing Data Numerically2h 5m
- 4. Probability2h 16m
- 5. Binomial Distribution & Discrete Random Variables3h 6m
- 6. Normal Distribution and Continuous Random Variables2h 11m
- 7. Sampling Distributions & Confidence Intervals: Mean3h 23m
- Sampling Distribution of the Sample Mean and Central Limit Theorem19m
- Distribution of Sample Mean - Excel23m
- Introduction to Confidence Intervals15m
- Confidence Intervals for Population Mean1h 18m
- Determining the Minimum Sample Size Required12m
- Finding Probabilities and T Critical Values - Excel28m
- Confidence Intervals for Population Means - Excel25m
- 8. Sampling Distributions & Confidence Intervals: Proportion1h 25m
- 9. Hypothesis Testing for One Sample3h 29m
- 10. Hypothesis Testing for Two Samples4h 50m
- Two Proportions1h 13m
- Two Proportions Hypothesis Test - Excel28m
- Two Means - Unknown, Unequal Variance1h 3m
- Two Means - Unknown Variances Hypothesis Test - Excel12m
- Two Means - Unknown, Equal Variance15m
- Two Means - Unknown, Equal Variances Hypothesis Test - Excel9m
- Two Means - Known Variance12m
- Two Means - Sigma Known Hypothesis Test - Excel21m
- Two Means - Matched Pairs (Dependent Samples)42m
- Matched Pairs Hypothesis Test - Excel12m
- 11. Correlation1h 24m
- 12. Regression1h 50m
- 13. Chi-Square Tests & Goodness of Fit2h 21m
- 14. ANOVA1h 57m
11. Correlation
Correlation Coefficient
Problem 9.1.6
Textbook Question
6. Discuss the difference between r and p.
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Understand that 'r' refers to the sample correlation coefficient, which measures the strength and direction of a linear relationship between two variables in a sample. It ranges from -1 to 1.
Recognize that 'p' refers to the population correlation coefficient, which measures the strength and direction of a linear relationship between two variables in the entire population. It also ranges from -1 to 1.
Note that 'r' is calculated from sample data and serves as an estimate of 'p'. Since it is based on a sample, 'r' is subject to sampling variability and may not perfectly represent 'p'.
Understand that 'p' is a theoretical value that represents the true correlation in the population. It is often unknown and must be inferred using statistical methods.
Discuss the importance of hypothesis testing in determining whether 'r' provides sufficient evidence to conclude that 'p' is significantly different from zero, indicating a meaningful relationship in the population.
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Key Concepts
Here are the essential concepts you must grasp in order to answer the question correctly.
Correlation Coefficient (r)
The correlation coefficient, denoted as 'r', measures the strength and direction of a linear relationship between two variables. Its value ranges from -1 to 1, where 1 indicates a perfect positive correlation, -1 indicates a perfect negative correlation, and 0 indicates no correlation. Understanding 'r' is crucial for interpreting how closely two variables move together.
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Correlation Coefficient
p-value
The p-value is a statistical measure that helps determine the significance of results in hypothesis testing. It indicates the probability of observing the data, or something more extreme, assuming the null hypothesis is true. A low p-value (typically < 0.05) suggests that the observed effect is unlikely to have occurred by chance, leading to the rejection of the null hypothesis.
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Step 3: Get P-Value
Statistical Significance
Statistical significance refers to the likelihood that a relationship or effect observed in data is not due to random chance. It is often assessed using the p-value, where a result is considered statistically significant if the p-value is below a predetermined threshold (commonly 0.05). This concept is essential for validating findings in research and ensuring that conclusions drawn from data are reliable.
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