Question

Explain the properties of Correlation?

Answer 1

Answer:

The correlation coefficient is the geometric mean of the two regression coefficients r=√bYX×bXY or r=√b×d. The correlation coefficient is independent of origin and unit of measurement, i.e. rXY=rUV. The correlation coefficient lies between –1 and +1.

Answer 2

Answer:

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The correlation coefficient is the geometric mean of the two regression coefficients r=√bYX×bXY or r=√b×d. The correlation coefficient is independent of origin and unit of measurement, i.e. rXY=rUV. The correlation coefficient lies between –1 and +1.

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