Related InterviewSolutions

• Can ‘r’ lie outside -1 and 1 range depending on the type of data?
• The range of simple correlation coefficient is :
• Why is ‘r’ preferred to co-variance as a measure of association?
• Can simple correlation co – efficient measure any type of relationship?
• If `r_(xy)` = 0 , the varaible X and Y are :A. Linearly relatedB. Not linearly relatedC. independent
• If precisely measured data are available, the simple correlation coefficient is:
• Why does rank correlation co-efficient differ from Pearsonian correlation coefficient?
• Interpret the values of r as 1, -1, and 0.
• Does zero correlation does not mean independence?
• When is rank correlation more precise than simple correlation coefficient?