i. The purpose of correlation analysis is to find how strong the relationship is between two variables.
ii. A correlation coefficient of -1 or +1 indicates perfect correlation.
iii. The standard error of estimate measures the accuracy of our prediction.
A) (i) , (ii) , and (iii) are all correct statements.
B) (i) and (ii) are correct statements but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements but not (i) .
E) (i) , (ii) , and (iii) are all false statements.
Correct Answer:
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