Question
Download Solution PDFThe range in which the correlation r lies –
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCONCEPT:
Karl Pearson’s coefficient of correlation r measures numerically only linear relationship between two variables and r lies between –1 and 1.
So,
CALCULATIONS:
Karl Pearson’s coefficient of correlation r measures numerically only linear relationship between two variables and r lies between –1 and 1.
i.e r ∈ [- 1, 1]
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