What does it mean to say two variables are positively associated? Negatively associated?
11. Correlation
Scatterplots & Intro to Correlation
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- Textbook Question
True or False: Correlation implies causation.
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"[DATA] Influential Observations Zillow.com is a site that can be used to assess the value of homes in your neighborhood. The organization provides a list of homes for sale as well as a Zestimate, which is the price Zillow believes the home will sell for. The following data represent the Zestimate and sale price (in thousands of dollars) of a random sample of recently sold homes in Charleston, South Carolina.
a. Draw a scatter diagram of the data, treating the Zestimate as the explanatory variable and sale price as the response variable."
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Suppose you work a part-time job and earn \$15 per hour. Draw a scatter diagram that might represent the relation between your gross pay and hours worked. Is this a deterministic relation or a probabilistic relation?
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