This document discusses correlation and regression analysis. Correlation is a statistical technique that measures the strength and direction of the linear relationship between two variables from -1 to 1. A value of 0 indicates no correlation, 1 indicates a perfect positive correlation, and -1 indicates a perfect negative correlation. Regression analysis studies the relationship between two or more variables, where one variable is dependent on the other independent variable(s). The document provides formulas for calculating the Pearson correlation coefficient to quantify the correlation between two variables.