Question

when coefficient of correlation lies between +0.5 and +0.75, it is called:​

Answer 1

Answer:

We know that when the price of a product increases its demand will decrease. And to the contrary quality supplied will increase with the increase of price. These are nothing but positive correlation and negative correlation. Statistical correlation, its meaning, and types and examples are defined in this lesson.

Answer 2

Answer:

Degree of Correlation

Explanation:

In other cases (positive or negative), if the value of 'r' is 0.50, it is called moderate correlation. When it lies between 0.50 and 0.75, the degree of correlation is high and when it lies between 0.25 and 0.50, the degree of correlation is low.