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Correlation Analysis Formula Interpretation and Linear Regression 1

This document discusses two statistical analysis methods: correlation analysis and simple linear regression. Correlation analysis uses Pearson's r formula to determine the correlation coefficient between two variables, with values between -1 and 1 indicating the strength of correlation. Simple linear regression finds the linear relationship between an independent and dependent variable by calculating the slope and y-intercept of the line of best fit.

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Rochelle Almera
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0% found this document useful (0 votes)
97 views

Correlation Analysis Formula Interpretation and Linear Regression 1

This document discusses two statistical analysis methods: correlation analysis and simple linear regression. Correlation analysis uses Pearson's r formula to determine the correlation coefficient between two variables, with values between -1 and 1 indicating the strength of correlation. Simple linear regression finds the linear relationship between an independent and dependent variable by calculating the slope and y-intercept of the line of best fit.

Uploaded by

Rochelle Almera
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Correlation Analysis (Pearson r)

Example table where X and Y are given:

X Y X2 Y2 XY

Values Values Values Values Values

∑ ∑ ∑ ∑ ∑

Formula:

∑ ∑ ∑

√[ ∑ ∑ ][ ∑ ∑ ]

Interpretation:

Correlation Coefficient Interpretation


0.00 No correlation
±0.01 to ±0.20 Very low positive/negative
correlation
±0.21 to ±0.40 Slight positive/negative correlation
±0.41 to ±0.70 Moderate positive/negative
correlation
±0.71 to ±0.90 High positive/negative correlation
±0.91 to ±0.99 Very high positive/negative
correlation
±1.00 Perfect correlation
Simple Linear Regression Analysis
Example table where X and Y are given:

X Y X2 XY

Values Values Values Values

∑ ∑ ∑ ∑

Formulas:

∑ ∑ ∑ ∑
∑ ∑

∑ ∑ ∑
∑ ∑

Equation: y=a+bx

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