Stats Y2, C1 - C2 Flashcards

(7 cards)

1
Q

What does correlation measure?

A

The strength and direction of a linear relationship between two variables.

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2
Q

What is the product moment correlation coefficient (PMCC) denoted by and what does it describe?

A
  • denoted by r
  • describes the linear correlation between two variables
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3
Q

What is the range of the correlation coefficient 𝑟?

A

−1≤ r ≤1

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4
Q

What does the probability 3/5 on the branch represent in conditional probability notation?

A
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5
Q

On a probability tree, what are all probabilities that are after the first set of branches?

A

conditional probabilities

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6
Q

For independent events, what is the general rule for conditional probability?

A
  • as B occurring does not change the probability of A
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7
Q
A
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