If a computed Pearson's correlation coefficient is statistically significant at the .01 level,
A) an important relationship between the variables is assured.
B) the two variables have a negligible relationship.
C) it is highly likely that a relationship exists between the variables in the population.
D) the correlation between the variables is positive.

Question

Quizplus · Accepted Answer

A statistically significant Pearson's correlation coefficient at the 0.01 level indicates that the probability of the correlation occurring by chance is less than 1%. This suggests that there is a high likelihood that a relationship exists between the two variables, but it does not guarantee an important or strong relationship, nor does it indicate the direction of the relationship (positive or negative).

If a Computed Pearson's Correlation Coefficient Is Statistically Significant at the .01