17. The direction of correlation? -- positive or negative The strength of correlation? high or not? -- Is the absolute value big enough? Complete correlation : +1 or -1, Understanding the r
38. 3. For bivariate normal distributed variables, regression could be used to interpret correlation: The high determine coefficient indicates the X is closely correlated to Y. 2. The hypothesis testing for correlation coefficient and regression coefficient is equivalent. 1. The correlation coefficient has the same sign as regression coefficient. connection 1.investigate the quantitative dependency relationship between variables 2.prediction 3. variable selection investigate the quantitative association Application Independent variable be a normally distributed random variable. Bivariate normal distribution Pre-requisite Investigate the dependency relationship between the independent and dependent variables. Quantify the relationship between two or more variables. Implication Regression Correlation