Correlation
Relationship between 2 continuous variables
Positive Correlation
As one variable goes up, so does the other
Negative Correlation
As one variable goes up, the other goes down
Coefficient of Correlation- Definition
Tells you how strong the relationship is between 2 variables
Correlation Coefficients
+1.00 = Perfect Positive
+0.80 = Strong Positive
+0.60 = Moderate Positive
+0.40 = Weak Positive
0.00 = NO correlation
-0.40 = Weak Negative
-0.60 = Moderate Negative
-0.80 = Strong Negative
-1.00 = Perfect Negative
Advantages of Correlations (3)
Disadvantages of Correlations (2)