If the correlation coefficient between the independent variable x and the dependent variable y is 0.87, then the best fitting line would have a slope equal to 0.87.

Question

Quizplus · Accepted Answer

The correlation coefficient measures the strength and direction of the linear relationship between two variables, but it does not determine the slope of the best fitting line. The slope of the best fitting line is determined by the data and calculated using regression analysis. Therefore, the correlation coefficient of 0.87 does not necessarily equal the slope of the best fitting line.

If the Correlation Coefficient Between the Independent Variable X and the Dependent