I have a dataset consisting of 744 records. Data exploring software generated an equation I don't know how to interpret in simple words. I really appreciate if you could help me about this matter. This dataset consists of two variables x and y values ranging from 0 to 1. Software gives me two equations:
y = 0.929307*x+normal(0.0305467, 0.0435136) x = normal(0.4767,0.254105)
Additional information about variables:
mean of y = 0.480593 min of y = -0.351811 max of y = 1.30236 stddev of y = 0.237672 mean of x = 0.483732 min of x = -0.397034 max of x = 1.34522 stddev of x = 0.25316
It seems ununderstandable that minimum and maximum of x and y are less than 0 and more than 1. This dataset does not include values lower than 0 or greater than 1. How to explain that?