When interpreting a correlation coefficient, it is important to look at:
A) The significance of the correlation coefficient.
B) The magnitude of the correlation coefficient.
C) The sign of the correlation coefficient.
D) All of the above.

Question

Quizplus · Accepted Answer

All of the above factors (significance, magnitude, and sign) are important when interpreting a correlation coefficient. The significance of the correlation tells us whether the correlation is likely to be due to chance, while the magnitude (usually measured by the coefficient's absolute value) tells us the strength of the relationship between the two variables. The sign of the correlation coefficient (positive or negative) tells us the direction of the relationship (whether the variables move in the same direction or opposite directions). Therefore, it is important to consider all three factors when interpreting a correlation coefficient.

When Interpreting a Correlation Coefficient, It Is Important to Look