A correlation coefficient equal to 1 best David Bourgeois @The Business

Question 129 / 187: A correlation coefficient equal to 1 best describes the relationship between two variables (x and y) in which of the following ways?

A The value of the correlation coefficient means that when x increases, y tends to increase,
and when x decreases, y tends to decrease.

B The value of the correlation coefficient means that when x increases, y tends to decrease,
and when x decreases, y tends to increase.

C The value of the correlation coefficient means that when x increases, y tends to decrease by
exactly the same amount.

D The value of the correlation coefficient means that when x increases, y tends to increase by
exactly the same amount.

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https://www.jobilize.com/business-statistics-by-david-bourgeois-bharatendra-rai

Business Statistics

Author:

David BourgeoisLecturer

The Saylor Academy

USA

Access: Public Instant Grading

Attribution: David T. Bourgeois, PhD; Bharatendra K. Rai, PhD. Business Statistics. The Saylor Academy 2014, http://www.saylor.org/courses/bus204/

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