STATISTICAL TECHNIQUES AND TOOLS
REGRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following correlation coefficients shows the strongest relationship? (Hint:A correlation that is negative can still be strong.)
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r = 0.728
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r =-0.197
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r = 0.932
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r =-0.982
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Explanation:
Detailed explanation-1: -Since-0.98 is close to-1 as compared between 0.90 and 1 therefore, -0.98 coefficients of correlation indicate the strongest relationship between two sets of variables.
Detailed explanation-2: -Explanation: Correlation coefficients range from-1 to 1, with the strongest correlations being closer to-1 or 1. A correlation of 0 indicates no relationship between two variables.
There is 1 question to complete.