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  3. Study Set
    Practical Management Science
  4. Exam
    Exam 10: Introduction to Simulation Modeling
  5. Question
    A Correlation Matrix Must Always Have 1's Along Its Diagonal
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A Correlation Matrix Must Always Have 1's Along Its Diagonal

Question 3

Question 3

True/False

A correlation matrix must always have 1's along its diagonal (because a variable is always perfectly correlated with itself)and numbers between −1 and +1 elsewhere.

Correct Answer:

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