When understanding the linear relationship between two continuous variables, the slope coefficient tells us the magnitude of the relationship while the correlation coefficient indicates the direction of the relationship.

Question

Quizplus · Accepted Answer

Both the slope coefficient and the correlation coefficient indicate the direction of the relationship between two continuous variables. The slope coefficient tells us the magnitude of change in the dependent variable for a one-unit change in the independent variable, while the correlation coefficient measures both the strength and direction of the linear relationship between the variables.

When Understanding the Linear Relationship Between Two Continuous Variables, the Slope