Multiple Choice
Which of the following best describes the correlation coefficient?
A) it is a standardized measure and can take on values from -1 to +1
B) it is the covariance of two variables divided by the product of the individual standard deviations
C) values near -1 represent a strong negative linear relationship
D) for samples it is denoted by rxy
E) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
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