A correlation matrix is ______.
A) a table of Pearson correlations between variables
B) a scatterplot display
C) a representation of the linear regression equation
D) the point of the Y-intercept

Question

Quizplus · Accepted Answer

A correlation matrix is a table that shows the Pearson correlation coefficient between every pair of variables in a dataset. It is a common tool for exploring the relationships between variables and identifying potential patterns or trends. Unlike scatterplots, which visualize the relationship between two variables, a correlation matrix allows for a quick overview of the entire dataset's correlations. It is not a representation of the linear regression equation or the Y-intercept point.

A Correlation Matrix Is ______