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.

SECTION 6.4

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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Question Posted: Sep 06, 2024 11:02 AM

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

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Business Statistics

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