The Correlation Coefficient - Explained in Three Steps
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The Correlation Coefficient - Explained in Three Steps
The correlation coefficient is a really popular way of summarizing a scatter plot into a single number between -1 and 1. In this video, I'm giving an intuition how ...
886.7K viewsMay 1, 2014
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Arjun Gupta | The Knight of Steel on Instagram: "Scroll down if you want the answer to the question at the end! Linear regression is a powerful statistical analysis tool! Tagging the wonderful @akcasuallycruel for letting me remix this with her! . . . #psychologyindia #psychmajor #statistics #regression #knightofsteel A beta = 0.904 mean that for 1SD increase in X there is a corresponding increase of 0.904SDs in Y. Although we cannot establish causal relationships simply through a regression"
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