Question
1)Correlation allows us to evaluate the similarity in trends between two variables and allows us to say that any changes in the first variable will
1)Correlation allows us to evaluate the similarity in trends between two variables and allows us to say that any changes in the first variable will 100% cause changes in the second variable. Select one:True False
2)The correlation coefficient (r) allows us to compute a number between -1 and +1 that allows us to quantify the strength of the relationship between two variables.
Select one:True False
3)Regression analysis is a type of predictive analytics tool that allows us to make predictions about one dependant variable.
Select one:True False
4)Logistic regression is a form of regression that allows us to predict dependant variables where there can only be discrete outcomes.
Select one:True False
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started