00:01
Okay, so what exactly is the correlation coefficient? well, this measures the strength and slope of a linear relationship.
00:17
So given a scatterplot of data, basically it measures how strong or how weak, and then if the slope is positive or negative of a linear relationship.
00:26
So let's say r is negative one.
00:29
First, what's the slope? well, anything, the correlation coefficient is in between negative one and one.
00:36
Anything negative has negative slope, so this has negative slope, okay? and then anything super close to one or negative one is strong, anything close to the middle, which is zero, is no relationship.
00:49
So here, this is negative one, so this is a strong relationship...