When we look at correlation coefficients in graphs, we want to understand how strong and which way the relationships between different things (variables) go.
1. Strength of Correlation:
2. Direction of Correlation:
3. Linearity:
4. Outliers:
By keeping these points in mind, we can better understand correlation coefficients and what they tell us about the relationships in our data.
When we look at correlation coefficients in graphs, we want to understand how strong and which way the relationships between different things (variables) go.
1. Strength of Correlation:
2. Direction of Correlation:
3. Linearity:
4. Outliers:
By keeping these points in mind, we can better understand correlation coefficients and what they tell us about the relationships in our data.