Does the title attribute in a link do the job of the real text in the link for SEO? i.e

<ahref="..."title="Web Design">Web Design</a>

is it the same as:

<ahref="..."title="Web Design">click here</a>

when trying to get a good page rank for keywords like "web design"? is it like alt attribute in an image tag? or is it useless in SEO?

is it the same as:

<ahref="..."alt="Web Design">click here</a>

what's the difference between all the above?