The coefficient of correlation is used to determine:
A)the strength and direction of the linear relationship between x and y.
B)the least squares estimates of the regression parameters.
C)the predicted value of y for a given value of x.
D)All of these choices.

Question

Quizplus · Accepted Answer

The coefficient of correlation measures the strength and direction of the linear relationship between two variables, typically denoted as x and y. It is not used to determine the least squares estimates of the regression parameters or the predicted value of y for a given value of x.

The Coefficient of Correlation Is Used to Determine