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What are the limits of the correlation coefficient?
  • a)
    No limit
  • b)
    –1 and 1
  • c)
    0 and 1, including the limits
  • d)
    –1 and 1, including the limits
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What are the limits of the correlation coefficient?a)No limitb)–...
Either two variables can be completely related i.e. 1 or we can say positive correlation or the two variables are completely opposite i.e. negatively correlated -1 situation case.
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Community Answer
What are the limits of the correlation coefficient?a)No limitb)–...
The limits of the correlation coefficient are between -1 and 1.
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What are the limits of the correlation coefficient?a)No limitb)–1 and 1c)0 and 1, including the limitsd)–1 and 1, including the limitsCorrect answer is option 'D'. Can you explain this answer?
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What are the limits of the correlation coefficient?a)No limitb)–1 and 1c)0 and 1, including the limitsd)–1 and 1, including the limitsCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about What are the limits of the correlation coefficient?a)No limitb)–1 and 1c)0 and 1, including the limitsd)–1 and 1, including the limitsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What are the limits of the correlation coefficient?a)No limitb)–1 and 1c)0 and 1, including the limitsd)–1 and 1, including the limitsCorrect answer is option 'D'. Can you explain this answer?.
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