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Volgvan
3 years ago
11

If the coefficient of correlation is a positive value, then______________.

Business
1 answer:
Alex73 [517]3 years ago
3 0

Answer:

The correct answer is letter "E": None of these answers is correct.

Explanation:

The correlation coefficient (ρ) is a method to measure how strong is the relationship between variables. The relationship will fluctuate between numeric value (-1) and (1). If the correlation is greater than (0) the correlation is <em>positive </em>and when it is lower than (0) the correlation is <em>negative</em>. If the value equals (0) there is no correlation.

Plotted in a graph, <em>when a correlation is positive the slope of the regression is positive (shifts to the right). When the correlation is negative the slope of the regression is negative (shifts to the left).</em>

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