Asked by Isaac Johnson on Jul 19, 2024

verifed

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.
verifed

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.