Economy, asked by pallovbasumatari123, 2 months ago

Maximum value of co- efficient of correlation is

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Answered by gitadwibedi05

The possible range of values for the correlation coefficient is -1.0 to 1.0. In other words, the values cannot exceed 1.0 or be less than -1.0. A correlation of -1.0 indicates a perfect negative correlation, and a correlation of 1.0 indicates a perfect positive correlation.

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