Saturday, 7 March 2015
Correlation and regression analysis is a statistical techniques and their basic difference
Correlation and regression analysis is a statistical techniques just look like same but have a basic difference between themelves.
In analysis of similarity and dissilarity of correlation and regression analysis we find that both of these main theme is analysis and mathematical representation of relationship.
Though, correlation and regression analysis both shows a relationships between the variables, they are different term in mathematics and staristics.
Correlation shows the relationship between independent variable with dependent variable. On the other hand regression analysis establish a causal relationship between the variables.