Question

B)if both variables are​standardized,what would the correlation coefficient between the standardized variables​be?​(typean integer or a decimal. round to two decimal places as​needed.)​c)if median family income had been measured in thousands of dollars instead of​dollars,how would the correlation​change?

Answer 1

The correlation coefficient is independent of changes in origin or scale.

b) The correlation coefficient would remain unchanged (whatever its decimal value may be)

c) The correlation coefficient does not change.