Bivariate Regression and Correlation

Bivariate Regression and Correlation

1. Statistical measures

   • regression analysis
     • analyzes the link between a dependent variable and one or more independent variables
       • Simple regression
         • Only one predictor variable
       • Multiple regression
         • Two or more variables are used
   • Correlation analysis
     • measures the relationship between two or more variables

2. Correlation coefficient

   • regression measure that aims to quantify the degree of joint variation between two different variables

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