14. Topic 14(COLON) Quantitative Methods for Economists
Lesson 14.3: Correlation, Regression And Using Spreadsheets — Quiz
Test your understanding of lesson 14.3: correlation, regression and using spreadsheets with 5 practice questions.
Practice Questions
Question 1
What type of correlation is indicated when two variables move in the same direction?
Question 2
In the context of a scatter diagram, what does a downward slope of the line of best fit represent?
Question 3
Which of the following is NOT a feature of a linear regression model?
Question 4
What does 'correlation does not imply causation' mean?
Question 5
When using a spreadsheet for data analysis, which of the following actions can you perform?