Asked by Timmy Nickel on Jun 13, 2024
Verified
Why will you rarely find a perfect correlation between any two variables?
Perfect Correlation
A relationship between two variables where one variable can be perfectly predicted from the other, represented by a correlation coefficient of -1 or 1.
- Analyze the reasons behind the rarity of perfect correlations and the implications of correlation coefficients on variable relationships.
Verified Answer
MM
Margot Mitzi Coleen CoronaJun 20, 2024
Final Answer :
The coefficient of determination is the percentage of variance in one variable that is accounted for by the variance in the other variable.In other words,it tells how much of one "thing" explains or "overlaps" with something else;the stronger the relationship between two variables,the greater the coefficient of determination.
Learning Objectives
- Analyze the reasons behind the rarity of perfect correlations and the implications of correlation coefficients on variable relationships.
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