Question
Download Solution PDFThe range of values that coefficient of correlation can take are _____________.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplaination
Remember the result that the range of values that coefficient of correlation can take are -1 ≤ r ≤ +1
Important Points
Basically, Correlation refers to the relationship of variables . There are 3 types of correlation
1 - Positive or negative correlation
2 - Simple, partial or multiple
3 - Linear or non linear
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