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What does a coefficient of correlation of 0.70 infer?

Anonymous

∙ 10y ago

Updated: 4/28/2022

A coefficient of correlation of 0.70 infers that there is an overall correlation between the trends being compared. The correlation is not perfect, but enough to be acknowledged and researched further.

Wiki User

∙ 10y ago

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Q: What does a coefficient of correlation of 0.70 infer?

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Continue Learning about Statistics

Is 0.5 the strongest correlation coefficient?

No. The strongest correlation coefficient is +1 (positive correlation) and -1 (negative correlation).

What are the properties of correlation coefficient?

The correlation coefficient is symmetrical with respect to X and Y i.e.The correlation coefficient is the geometric mean of the two regression coefficients. or .The correlation coefficient lies between -1 and 1. i.e. .

What is the correlation coefficient of -2?

A serious error. The maximum magnitude for a correlation coefficient is 1.The Correlation coefficient is lies between -1 to 1 if it is 0 mean there is no correlation between them. Here they are given less than -1 value so it is not a value of correlation coefficient.

How is coefficient of determination and coefficient of correlation is related?

coefficient of determination

Is the Correlation Coefficient of 35 strong?

The correlation coefficient must lie between -1 and +1 and so a correlation coefficient of 35 is a strong indication of a calculation error. If you meant 0.35, then it is a weak correlation.

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