Millionaire Mode

Correlation and Regression

Question 1 of 14

What is the purpose of correlation analysis?

  1. To determine the strength and direction of a linear relationship between two variables.
  2. To predict the value of one variable based on the value of another variable.
  3. To identify outliers in a dataset.
  4. To test the significance of a difference between two groups.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000