Question

The Correlation Coefficient Is Used To Determine _______

Answer 1

the correlation coefficient (p) is a measure that determine the degree to which two variables movement are associated the most common correlation coefficient generated by used to measure the linear relatiinship between two variables

hope its correct answer

Answer 2

Correlation Coefficient is used to determine the strength and direction of pairs of variables

Detailed answer

The strength and direction of the linear relationship between pairs of variables are obtained

• The correlation coefficient is also is a statistical measure of the strength between the variables.
• It is usually used for finance and investing.
• The correlation of crude oil price is always done.