When two continuous variables are compared to each other in order to gain a correlation coefficient, the appropriate formula is Spearman’s Rho The Phi Coefficient Pearson’s Product Moment None of the above

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  1. When two continuous variables are compared to each other in order to gain a correlation coefficient, the appropriate formula is
    1. Spearman’s Rho
    2. The Phi Coefficient
    3. Pearson’s Product Moment
    4. None of the above          
Expert Solution
Step 1

Correlation :

  • Correlation is defined as a relationship between X and Y, Where X is the independent variable and Y is the dependent variable in a regression term. Correlation is used to identify the relationship between two variables ( Positive Or Negative ). It is denoted as r.
  • The range of the correlation coefficient is (-1 to 1).
  • When the r = 1, it is a perfect positive correlation.
  • When the r = -1, it is a perfect Negative correlation.
  • When the r = 0, it is a no correlation.
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