0 will the error in prediction be when the absolute value of the correlation coefficient is 1.
The precise metric used in a correlation analysis to quantify the strength of the linear relationship between two variables is the correlation coefficient. In a correlation report, r stands for the coefficient.
In statistics, correlation coefficients are frequently utilized in the field of investing. They are crucial in fields including performance assessment, quantitative trading, and portfolio composition. The correlation coefficient's numerical component expresses how strong the link is. The variables are more firmly associated and the more predictable changes in one variable will be as the other variable changes the closer the number is to one, whether it is negative or positive.
To know more about correlation coefficient refer to: brainly.com/question/15577278
#SPJ4
1000 words the average person speaks per minute
Answer:
The Monroe Doctrine was to prevent further European colonization in the Western Hemisphere.
Explanation:
Monroe Doctrine, (December 2, 1823), cornerstone of U.S. foreign policy enunciated by Pres. James Monroe in his annual message to Congress. Declaring that the Old World and New World had different systems and must remain distinct spheres, Monroe made four basic points: (1) the United States would not interfere in the internal affairs of or the wars between European powers; (2) the United States recognized and would not interfere with existing colonies and dependencies in the Western Hemisphere; (3) the Western Hemisphere was closed to future colonization; and (4) any attempt by a European power to oppress or control any nation in the Western Hemisphere would be viewed as a hostile act against the United States.
In declaring separate spheres of influence and a policy of non-intervention in the foreign affairs of Europe, the Monroe Doctrine drew on past statements of American diplomatic ideals, including George Washington’s Farewell Address in 1796, and James Madison’s declaration of war with Britain in 1812.
Answer: renewable energy
Explanation:
Renewable energy is energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat.