Question: Suppose you are given data from a survey showing the IQ of each person interviewed and the IQ of his or her mother. That is
Suppose you are given data from a survey showing the IQ of each person interviewed and the IQ of his or her mother.That is all the information that you have.Your manager has asked you to put together a short report showing the relationship between these two variables. What could you present, and why?
Correlation and regression analysis are very common tools in business and elsewhere.Understanding how they can be used and misused is an important part of your education.In this case, at least to begin with, note that you don't have any other information except for IQs.You can use the numbers below if you want or just talk generally.Here's an example of what you have

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