If a computed Pearson's correlation coefficient is statistically significant at the .01 level,
A) the correlation coefficient is extremely accurate.
B) the two variables are positively correlated.
C) an important relationship is evident.
D) it is highly likely that a relationship exists between the two variables in the population.
E) it is highly unlikely that a relationship exists between the two variables in the population.

Question

Quizplus · Accepted Answer

A statistically significant correlation coefficient at the .01 level means that it is highly likely that a relationship exists between the two variables in the population. It does not necessarily indicate the accuracy of the coefficient or whether the relationship is positive or important.

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