If the correlation coefficient between x and y is equal to 1, we say that x and y are
A)perfectly negatively correlated.
B)leading variables.
C)perfectly positively correlated.
D)acyclical.
E)lagging variables.

Question

Quizplus · Accepted Answer

A correlation coefficient of 1 indicates a perfect positive correlation between x and y, meaning that as one variable increases, the other variable also increases in a linear fashion.

If the Correlation Coefficient Between X and Y Is Equal