DEPARTMENT OF TECHNICAL EDUCATION ANDHRA PRADESH

Name Designation Branch Institute Year/Semester Subject Sub. Code Topic Duration Sub-topic Teaching Aids : M.L.Kameswari. : Sr. Lecturer : Commercial and Computer Practice : Govt Polytechnic for women , Bheemunipatnam. : IV semester. : Quantitative Techniques-II : CCP 403 : Meaning and utility of Regression Analysis : 50 Minutes : Classification of regression analysis and differences between correlation and regression : PPT.
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Objectives
On completion of this period, you will be able to:
 understand the classification of Regression Analysis  differentiate between correlation & Regression

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RECAP

 In the last class we discussed the utility and limitations of Regression Analysis

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 What are the classifications of Regression Analysis?

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Classification of Regression Analysis


 

On the basis of change in proportion
Linear Regression Non-linear Regression

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Classification of Regression Analysis

 On the basis of no. of variables
 Simple Regression  Partial Regression  Multiple Regression

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Differences between Correlation and Regression
1.
 Correlation : measures the degree of relationship  Regression: measures the nature of relationship

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Differences between Correlation and Regression
2.  Correlation: It cannot say what is the cause and effect of the relationship  Regression: It study the cause and effect of the relationship

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Differences between Correlation and Regression
3.  Correlation: Relative measure of linear relationship  Regression: Absolute measure of relationship

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Differences between Correlation and Regression

4.  Correlation: Scope of applicability is limited.

 Regression: Scope of applicability is very wide

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Differences between Correlation and Regression
5.  Correlation: r xy = r yx
 Regression:

b xy ≠ b yx

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Differences between Correlation and Regression

6.  Correlation: Independent of change in origin and scale.  Regression: Independent of change in origin but not scale.

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Quiz
1. Regression studies the functional relationship between two variables a) True b) False

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Quiz

2. In Regression Analysis b xy = b yx a) True b) False

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Quiz
3. The scope of applicability of regression analysis is ________ Very wide

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Summary

In this class we discussed about the classification of Regression Analysis and  Differences between the correlation and regression

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Frequently Asked Questions
1. What are the classifications of Regression Analysis? 3. Differentiate between Correlation and Regression

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