Answer:
Option A - The researcher made an error because −1 ≤ r ≤ 1.
Step-by-step explanation:
Given : A researcher is trying to find out if there is a correlation between the U.S. economy and the number of hours spent on social media. The researcher determines that the correlation coefficient is r = 1.26.
To find : What does this value mean?
Solution :
By definition of correlation coefficient,
The correlation coefficient r measures the strength and direction of a linear relationship between two variables on a scatter plot.
The value of r is always between +1 and –1 i.e, 
According to researcher,
The correlation coefficient is r = 1.26 >1
So, From the options it means
The researcher made an error because −1 ≤ r ≤ 1.
Therefore, Option A is correct.