4 Two variables are said to be positively correlated when with _____ in the value of one
variable, the value of other variable also _____
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A positive correlation is a relationship between two variables that move in tandem—that is, in the same direction. A positive correlation exists when one variable decreases as the other variable decreases, or one variable increases while the other increases.
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Two variables are said to be positively correlated when with _increase/decrease_ in the value of one variable, the value of other variable also _increases/decreases_.
- Correlation tells us up to what degree two variables in statistics are related.
- Variables can be positively related or negatively related.
- Useful in forecasting trends mainly in business and finance.
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