STATISTICAL TECHNIQUES AND TOOLS
REGRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The sign of the correlation coefficient tells you whether you have
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a positive relationship
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a negative relationship
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Both are true
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None of the above
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Explanation:
Detailed explanation-1: -Answer and Explanation: The coefficient of correlation is a useful measure of the linear relationship between two variables. This statement is FALSE. The correlation coefficient measures the relationship between two given variables, giving the strength and direction of the association between them.
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