Business Studies, asked by deepakkiran242, 1 year ago

Define coefficient of association. What are its properties

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Answered by vipuldubey706838
1
An association coefficient or correlation coefficient is an index of how strong a relationship between two variables is; a value of 0 indicates no relationship, whereas a value of, normally, 1 represents the maximum (a few coefficients have a maximum lower than 1, some can exceed 1 in particular conditions).
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