Asked by Isaac Johnson on Jul 19, 2024
Verified
What is the range of possible values for a correlation coefficient
A) between -10.00 and +10.00
B) between -1.00 and +1.00
C) between 0 and +1.00
D) between 0 percent and 100 percent
Correlation Coefficient
A statistical measure that indicates the extent to which two variables fluctuate together, showing the strength and direction of their relationship.
- Develop the ability to interpret correlation coefficients and understand their implications in research analysis.
Verified Answer
SY
Sara Yadiris SierraJul 20, 2024
Final Answer :
B
Explanation :
The range of possible values for a correlation coefficient is between -1.00 and +1.00. A correlation coefficient can never be less than -1.00, nor can it be greater than +1.00. A perfect negative correlation is represented by -1.00, while a perfect positive correlation is represented by +1.00. A correlation coefficient of 0 indicates no correlation between the two variables.
Learning Objectives
- Develop the ability to interpret correlation coefficients and understand their implications in research analysis.
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