BIVARIAN MEASURES

BIVARIAN MEASURES

1. It is the analysis of two especially quantitative variables, in order to measure the degree to which the values of one variable are related to the values of the other.

   • To find the relationship between the two variables, a simple correlation analysis is performed.
     • Using a scatter diagram or point cloud.

2. Correlation and Regression

   • Correlation:
     • It is a statistical measure that expresses the extent to which two variables are linearly related, without making claims about cause and effect.
   • Regression
     • It is an analysis technique that calculates the estimated relationship between a dependent variable and one or more explanatory variables.

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