Regressionvs.Correlation.pptVIP

* Regression vs. Correlation Both: Two variables Continuous data Regression: Change in X causes change in Y Independent and dependent variables or Predict X based on Y Correlation: No dependence (causation) assumed Estimate the degree to which 2 variables vary together Correlation: more on bivariate statistics No dependence (causation) assumed Can call variables XY or X1X2 Are to variables independent, or do they covary Correlation co-efficient, significance only if , normally distributed Meaningless Establish and estimate association (interdependence) between X Y Model II reg