i. If the value of r is -0.96, what does this indicate about the dependent variable as the independent variable increases?
Ii) What is the value of the correlation coefficient if there is perfect correlation?
Iii) If the dependent variable is measured in dollars, in what units is the standard error of estimate measured?
A) it increases; zero, dollars squared
B) it decreases; +/- 1.0, dollars squared
C) it increases; 1.0, dollars ($)
D) it decreases; +/- 1.0; dollars ($)
E) it decreases; zero; dollars

Question

Quizplus · Accepted Answer

The Answer of i. If the value of r is -0.96, what does this indicate about the dependent variable as the independent variable increases?
Ii) What is the value of the correlation coefficient if there is perfect correlation?
Iii) If the dependent variable is measured in dollars, in what units is the standard error of estimate measured?
A) it increases; zero, dollars squared
B) it decreases; +/- 1.0, dollars squared
C) it increases; 1.0, dollars ($)
D) it decreases; +/- 1.0; dollars ($)
E) it decreases; zero; dollars

I If the Value of R Is -0