A measure of the degree of correlation between two variables is a
A) statistical correlation.
B) financial correlation.
C) correlation statistic.
D) correlation coefficient.
E) correlation variable.

Question

Quizplus · Accepted Answer

The best choice is option D, correlation coefficient, as it specifically refers to a measure of the degree of correlation between two variables. Option A, statistical correlation, is not specific enough and could refer to various statistical measures. Option B, financial correlation, is too narrow and only applies to correlations in financial data. Option C, correlation statistic, is not a commonly used term and is not specific enough. Option E, correlation variable, is also not a commonly used term and is not specific enough.

A Measure of the Degree of Correlation Between Two Variables