Question: A high correlation between two variables s and t indicates that: A) s may cause t, or t may cause s B) both may be

A high correlation between two variables s and t indicates that:
A) s may cause t, or t may cause s
B) both may be affected by a third variable
C) the correlation may be due to random chance
D) All of these answers are correct.


Step by Step Solution

3.38 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

In correlation analysis we estimate a sample correlation coefficient more specifically the Pearson P... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!