Term
what is the slope in a simple linear regression
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indicates the steepness of a
measures the length of a line
line
shows the direction of a line on a
determines the curvature of a line
graph
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Definition
,incorporates dummy variables
each row correlates with each column
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raw data unstacked data
stacked data unstaked data
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Term
P value
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measures linear association measure of the coefficient
measure of strength of relationship
measure of probability
between iv and dv
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Definition
,1. determine parameter of interest
2. set up hypothesis
3. determine 1 tail or 2 tail
4. calculate of the test statistic
5. choose p-value or critical value
6. make decisions weather or not to reject
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correlation coefficient R what is corelation?
understand the use of dummy
6 steps to hypothesis testing
variables
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Definition
1, 2, 3, 5, ex: size shoe 5. or 6.5
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discrete what is skewness
sample unstaked data
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Definition
P-vlaue is greater than Alpha
we regect null and can conclude
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If Pvalue is equal to alpha If Pvalue is > alpha
Residual error If Pvalue is not related to alpha
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Definition
bigger on left and pullled to right
Posstive > +1
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symmetric skewed right
skewed left symmetrical