Regression analysis is used for prediction,while correlation analysis is used to measure the strength of the association between two numerical variables.

Question

Quizplus · Accepted Answer

Regression analysis provides a model for predicting the value of a dependent variable based on the value of one or more independent variables. Correlation analysis, on the other hand, simply measures the degree to which two variables are related to each other, without necessarily predicting one from the other.

Regression Analysis Is Used for Prediction,while Correlation Analysis Is Used