Correlations Flashcards
(8 cards)
r measures only the strength of…
linear relationships between X,Y
correlation coefficient function
loool look it up
Sim + Dif of co variance to correlation
S: cov(X,Y)>0 indicates a positive relationship
D: Isn’t a standardised measure therefore the absolute value isn’t reliable indicator of relationship strength
Calculation r in relation to cov(X,Y)
cov(X,Y)/(Sx*Sy)
r and cov stat if X,Y= independent
0
What does r^2 measure
Proportion of Y variability explainable by X
Indirect causality
When third variable exists e.g. ‘Z’
X may affect Z which in turn effects Y
Limitations of correlation coefficient
Only linear relationships
Correlation meaningless for categorical data