Question: 1. In which circumstances would you run correlation analysis? 2. What does it mean by R 2 (coefficient of determination) and how to interpret it?

1. In which circumstances would you run correlation analysis?

2. What does it mean by R2 (coefficient of determination) and how to interpret it?

3. What does it mean by a regression coefficient (i.e., bi) of 0?

4. How to check (univariate) outliers?

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