If we assume that the conditions for correlation are met, which of the following are true? If

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If we assume that the conditions for correlation are met, which of the following are true? If false, explain briefly.
a) A correlation of 0.02 indicates a strong positive association.
b) Standardizing the variables will make the correlation 0.
c) Adding an outlier can dramatically change the correlation.
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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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