Economy, asked by soniyateronpi24, 2 months ago

What is correlation coefficient (r) ? Define perfect correlation, zero correlation and limited correlation.

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Answered by DeepakSainiTlk

Answer:

In statistics, a perfect positive correlation is represented by the correlation coefficient value +1.0, while 0 indicates no correlation, and -1.0 indicates a perfect inverse (negative) correlation.

Correlation among variables does not (necessarily) imply causation

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What is correlation coefficient (r) ? Define perfect correlation, zero correlation and limited correlation.​

Answers

What is correlation coefficient (r) ? Define perfect correlation, zero correlation and limited correlation.