Correlation and Simple Regression Flashcards
(45 cards)
What is the purpose of the z-test?
Compares the mean of one group to a known population mean
What does the t-test compare?
Compares the means of two groups
What does ANOVA do?
Compares the means of three or more groups at the same time
What is eta squared in the context of ANOVA?
The effect size measure that quantifies how much of the variance in the dependent variable is explained by group differences
What does the Chi-square test evaluate?
The association between two categorical variables
What does Pearson’s r correlation coefficient assess?
The linear association between two continuous variables
What are the three types of relationships between two continuous variables?
- Positive
- Negative
- Absent
What does a scatterplot visualize?
The association between two continuous variables
What does positive covariance indicate?
The variables increase together
What limitation does the correlation coefficient address?
It provides a standardized measure of strength and direction of association
What is the range of values for the correlation coefficient?
-1 to +1
What does a correlation coefficient of 0.90 to 1.00 indicate?
Very strong positive relationship
What is the null hypothesis in correlation tests?
In the population, there is NO statistically significant correlation
What is a spurious correlation?
A correlation that is a coincidence or caused by a third variable
What are the key criteria to assess causation?
- Acceptable degree of correlation
- Logical chain linking the two variables
- Cause must precede effect
- No third variable explains the observed relationship
What is the purpose of linear regression?
To describe the nature of the linear relationship between two variables
What does the slope in a regression equation represent?
Change in Y for each single unit change in X
What is the general form of a regression equation?
Y = a + bX
What does ‘a’ represent in the regression equation?
The intercept
What does ‘b’ represent in the regression equation?
The slope (regression coefficient)
How is the regression line used?
To predict Y from X based on the covariation in their values
What does a perfect correlation look like on a scatterplot?
An exact straight line
What happens when you regress earnings on years of schooling?
You predict Y from X based on the covariation in their values
What is the significance level commonly used in testing correlations?
1% significance level (𝜶 = .01)