Rules of thumb exist concerning the strength of a correlation based on its absolute size.

Name: Rules of thumb exist concerning the strength of a correlation based on its absolute size.
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Rules of thumb do exist regarding the strength of a correlation based on its absolute size, such as "weak" (0.1-0.3), "moderate" (0.3-0.5), and "strong" (0.5-1.0) correlations, but their applicability may vary depending on the context and the type of data being analyzed.

Rules of Thumb Exist Concerning the Strength of a Correlation