Question

In: Statistics and Probability

Determine whether each statement is true or false. If the statement is false, explain why. Even if the correlation coefficient is high (near + 1) or low (near - 1), it may not be significant.

Determine whether each statement is true or false. If the statement is false, explain why.

Even if the correlation coefficient is high (near + 1) or low (near - 1), it may not be significant.

Solutions

Expert Solution

True

 

Explanation:

Since the value of r is computed from data obtained from samples, there are two possibilities when r is not equal to zero: either the value of r is high enough to conclude that there is a significant linear relationship between the variables, or the value of r is due to chance.

True

Junaid answered 1 year ago
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