ABM A - Unit 4 - Motivational Banker
1. What does correlation measure in statistical analysis?

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2. What is positive or direct correlation?

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3. In a positive correlation, what happens when the value of one variable increases?

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4. What is negative or indirect correlation?

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5. In a negative correlation, what happens when the value of one variable increases?

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6. What is Linear Correlation characterized by?

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7. In a Linear Correlation, how is the relationship between variables when the curve moves from left to right in an upward direction?

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8. What is the characteristic of Non-linear or Curvi-linear Correlation?

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9. In a Non-linear or Curvi-linear Correlation, how is the relationship between variables when the curve moves from left to right in an upward direction?

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10. What is the difference between Linear and Non-linear Correlation?

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11. In the context of the coefficient of correlation, what does a value of +1 indicate?

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12. What does a coefficient of correlation value of -1 suggest?

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13. If the coefficient of correlation is 0, what does it indicate about the relationship between variables?

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14. What is the range of the coefficient of correlation?

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15. How can the study of correlation be conducted using the scatter diagram method?

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16. What is regression analysis used for in statistics?

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17. In regression analysis, what are the variables involved in predicting the unknown value?

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18. If price (X) and demand (Y) are closely related, what can regression analysis help estimate?

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19. In regression analysis based on change in proportions, what are the two main types?

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20. What type of regression involves a change in the number of variables?

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21. If the values of 'a' and 'b' are known in a regression equation, what can be defined completely?

Question 21 of 21