A measure of linear relationship: sample covariance and Pearson Coefficient of correlation (scale free) :Data Analysis > Correlation 2. Perform parametric and non-parametric tests for the coefficient of correlation Parametric Test: T-test, Data Analysis Plus > Correlation (Pearson) Non-Parametric Test: Z-test, Data Analysis Plus > Correlation (Spearman) 3. Understand the concept of simple linear regression analysis A statistical process to construst a relationship between variables Regression coefficients…
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