If the coefficient of correlation r = ±1,then the best-fit linear equation will actually include all of the observations.

Name: If the coefficient of correlation r = ±1,then the best-fit linear equation will actually include all of the observations.
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Quizplus · Accepted Answer

A correlation coefficient of ±1 indicates a perfect linear relationship between two variables, where all the data points fall exactly on the best-fit line. Therefore, the best-fit linear equation will include all of the observations.

If the Coefficient of Correlation R = ±1,then the Best-Fit