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Earn +20 ptsQ: What does a correlation coefficient value of negative two indicate?
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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.
Why the value of correlation coefficient is always between -1 and 1?
Why the value of correlation coefficient is always between -1 and 1?
How change of origin or scale effect value of co-efficient of co-relation?
The correlation coefficient is unaffected by change of origin or scale unless one of the sets of variables is multiplied by a negative term, in which case the correlation coefficient will become negative.
What is the value of correlation coefficient r for perfect positive correlation?
1.
Does the units affect the correlation?
No. The units of the two variables in a correlation will not change the value of the correlation coefficient.
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