If we assume that the conditions for correlation are met, which of the following are true? If false, explain briefly.
Question:
a) A correlation of —0.98 indicates a strong, negative association.
b) Multiplying every value of x by 2 will double the correlation.
c) The units of the correlation are the same as the units of y.
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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Question Posted: May 14, 2015 04:09:19