The correlation coefficient between two quantitative variables is approximately 0.02. What does the value of this correlation co

Question

3 years ago

10

The correlation coefficient between two quantitative variables is approximately 0.02. What does the value of this correlation co

efficient indicate about how well the model
fits the data?
O A. The correlation coefficient is not within the correct range.
O B. The model is a good fit.
OC. No conclusion can be drawn regarding how well the model fits the data.
The model is not a good fit.

Mathematics

1 answer:

Elza [17] · Answer 1 · 2022-08-12T13:23:37+03:00

Answer:

The model is not a good fit

Step-by-step explanation:

The correlation Coefficient is a metric used to evaluate the strength of the relationship between 2 variables, the correlation Coefficient ranges from - 1 to + 1 with values closer to either ±1 depicting the strongwr and better relationship. A value of 0 means no relationship exists and values close to zero means the relationship is weak. Wutb a correlation Coefficient value of 0.02, this value is very close to 0 and hence shows that the relationahip is extremely weak. Hence, the model is not a good fit.