: when there is perfect relationship between variables then the correlation value is:
1. 1
2. 0
3. 3
4. 2
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- When there is perfect relationship between variables, then the correlation value is 1.
Basic Concept :-
What is correlation Coefficient?
Correlation Coefficient is a statistical concept, which helps in establishing a relationship between predicted and actual values obtained in a statistical experiment.
The calculated value of the correlation coefficient explains the exactness between the predicted and actual values.
The numerical value of correlation of coefficient will be in between -1 to + 1. It is known as real number value.
The negative value of coefficient suggests that the correlation is strong and negative.
When ‘r’ approaches to the side of + 1, then it means the relationship is strong and positive.
The weak correlation is signaled when the coefficient of correlation (r) approaches to zero.
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