Two correlation coefficients are compared: Correlation Coefficient A is 0.83. Correlation Coefficient B is -0.91.Which correlation coefficient

Question:

Two correlation coefficients are compared: Correlation Coefficient A is 0.83. Correlation Coefficient B is -0.91.Which correlation coefficient represents the stronger linear relationship? 

a. Correlation Coefficient A

b. Correlation Coefficient B

c. Equal strength

d. Not enough information to determine

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

Question Posted: