Asked by Jimmy Trinh on May 05, 2024
Verified
Which of the following is an example of a correlation?
A) mean
B) variance
C) phi coefficient
D) standard deviation
Phi Coefficient
A measure of the degree of association between two binary variables, ranging from -1 to 1.
- Identify different types of correlations and their applications.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
C
Explanation :
The phi coefficient is a measure of correlation between two dichotomous variables. The other options are measures of central tendency and variability, but do not provide information about the relationship between two variables.
Learning Objectives
- Identify different types of correlations and their applications.
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