Identify the true statements about the correlation coefficient, r. When the data points in a scatter plot fall closely around a straight line that is either increasing or decreasing, the correlation between the two variables is strong. The correlation coefficient is not affected by outliers. The value of r ranges from negative one to positive one. The absolute value of r describes the magnitude of the association between two variables. A correlation coefficient of zero means that no relationship exists between the two variables. If two variables are negatively correlated, when one variable increases, the other variable also increases.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Identify the true statements about the correlation coefficient, r.
V When the data points in a scatter plot fall closely around a straight line that is either increasing or decreasing, the
correlation between the two variables is strong.
O The correlation coefficient is not affected by outliers.
V The value ofr ranges from negative one to positive one.
V The absolute value of r describes the magnitude of the association between two variables.
O A correlation coefficient of zero means that no relationship exists between the two variables.
V If two variables are negatively correlated, when one variable increases, the other variable also increases.
Incorrect
Transcribed Image Text:Identify the true statements about the correlation coefficient, r. V When the data points in a scatter plot fall closely around a straight line that is either increasing or decreasing, the correlation between the two variables is strong. O The correlation coefficient is not affected by outliers. V The value ofr ranges from negative one to positive one. V The absolute value of r describes the magnitude of the association between two variables. O A correlation coefficient of zero means that no relationship exists between the two variables. V If two variables are negatively correlated, when one variable increases, the other variable also increases. Incorrect
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