Interpret the values of V as 1,-1 and 0. – InterviewSolution

1.

Interpret the values of V as 1,-1 and 0.

Answer»

1. r as 1 means that it is perfect positive relationship between two variables.

2. r as -1 means that there is perfect negative relationship between two variables.

3. r as O means that there is Lack of correlation between two variables.

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