Lab Practice
- The linear correlation coefficient (Pearson) measures the
strength and the direction of a linear relationship between two
variables. Correlation coefficient has value between -1 (strong negative
correlation) and 1 (strong positive correlation).
- Create Text Objects with the following Value:
='Correlation AGST vs Price ' & Num(Correl(Price, AGST))
- Repeat for all independent variables
- Create Scatter Chart Age vs FrancePop
- Find Correlation Coeffient Age vs FrancePop