What is correlation? State the significance of the values of correlation coefficient are 1, -1 and 0.

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Latest Answer: 2 weeks ago
In: Commerce

What is correlation? State the significance of the values of correlation coefficient are 1, -1 and 0.

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1 Answers

Answered By Nikita Chetry
Answer: 2 weeks ago

Definition: Correlation is the degree of the relationship between two or more variables. It does not explain the cause behind the relationship.Significance of various values of correlation:(i) Perfect... Read More

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