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How is a linear relationship between two variables measured in statistics? Explain. Select all the true statements. There are several numerical measures of correlation, called
How is a linear relationship between two variables measured in statistics? Explain. Select all the true statements.
- There are several numerical measures of correlation, called correlation coefficients.
- The correlation coefficient ranges from 1 to 1. Values closer to 0 show a strong linear relationship.
- The correlation coefficient ranges from 1 to 1. Values close to +1 or 1 show a strong linear relationship.
- If the values of x and y are interchanged, the correlation coefficient remains the same.
- The value of the coefficient is resistant to outliers.
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