Which of the following statements regarding the coefficient of correlation is true?
A) It ranges from -1.0 to + 1.0 inclusive.
B) It measures the strength of the relationship between two variables.
C) A value of 0.00 indicates two variables are not related.
D) It ranges from -1.0 to + 1.0 inclusive;0.00 indicates the two variables are not related. It measures the strength of the relationship between two variables.

Question

Quizplus · Accepted Answer

This answer is correct as it includes all the true statements regarding the coefficient of correlation. The coefficient of correlation ranges from -1.0 to +1.0, and a value of 0.00 indicates no relationship between the two variables. It also measures the strength of the relationship between two variables. Therefore, option D is the best choice.

Which of the Following Statements Regarding the Coefficient of Correlation