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Correlation and Regression Analysis is one of the most important concepts in real-life situations. This correlation vs. regression tutorial will understand what correction and regression are and the major difference between correlation and regression. We will also work on an example to calculate the regression equation using Excel.
In this tutorial, you will learn
00:00 Introduction
00:56 What Is Correlation?
01:22 Types Of Correlation
02:22 What is Regression?
04:21 Simple Regression Model
04:50 Calculate Regression Equation using Excel
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#CorrelationVsRegression #CorrelationAndRegression #Correlation #Regression #WhatIsCorrelation #CorrelationCoefficient #Statistics #Simplilearn
What is Correlation and Regression?
Correlation is a statistic that measures the degree to which two variables move in relation to each other. It measures association but doesn't show if x causes y or vice versa—or if the association is caused by a third factor.
Regression is a method to determine the statistical relationship between a dependent variable and one or more independent variables. The change independent variable is associated with the change in the independent variables.
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