The coefficient of correlation cannot be
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The coefficient value of correlation only lies between -1 and 1 and cannot be outside this range.
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In Statistics and Economics,coefficient value of correlation indicates the strength and direction of the statistical or numerical association or relationship between two variables.The value of coefficient of correlation customarily lies between -1 and 1 with -1 being the strongest negative statistical relationship and 1 being the strongest positive statistical relationship between any two variables.If the coefficient of correlation value is 0,it implies that the concerned variables do not have any statistical relationship at all or they are not statistically correlated.Therefore,the coefficient value of correlation cannot be outside the range of -1 and 1 and only lies within this range.
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