The correlation coefficient between X and Yis 0.4. What will be the value of correlation coefficient
if 5 is added in each observation of X and 10 is substracted from each observation of Y?
ootter diamram method 2
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Correlation coefficients whose magnitude are between 0.5 and 0.7 indicate variables which can be considered moderately correlated. Correlation coefficients whose magnitude are between 0.3 and 0.5 indicate variables which have a low correlation.
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