Answer:
Option A, There is almost no association between the variables.
Explanation:
Given -
Correlation coefficient between two variables is 0.01
As per the standard rule, if the value of correlation coefficient lies between 0.3 and 0.5 , then it is said to have a low value of correlation coefficient.
Here the values is lesser than even 0.3 , hence it can be said that a value of correlation coefficient
shows no association between the variables.
Thus, option A is correct.