What does correlation mean in a graph?
1 Answer
Mar 1, 2017
Correlation is how well data can be fitted to a line.
Explanation:
Typically data refers to a scatterplot. If the data can be represented by a line and the line has a positive slope, then it has a positive correlation. If the line has a negative slope, then the correlation is negative.
The absolute value of the correlation coefficient
The closer
In summary: Correlation is how well data can be fitted to a line.