If the value of one variable is decreasing and the value of the other variable is also decreasing in the same ratio,is it a case of perfect negative correlation? If not ,what shall be the value of the coefficient of correlation?
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Explanation:
Correlation coefficients are indicators of the strength of the linear relationship between two different variables, x and y. A linear correlation coefficient that is greater than zero indicates a positive relationship. A value that is less than zero signifies a negative relationship. Finally, a value of zero indicates no relationship between the two variables x and y.
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