The correlation coefficient ranges from -1.0 to +1.0,with values closer to ±1.0 indicating
A)a more positive relationship between two factors
B)a stronger relationship between two factors
C)that two factors are less likely to be related
D)that the correlation is due to outliers

Question

Quizplus · Accepted Answer

A correlation coefficient closer to ±1.0 indicates a stronger relationship between two factors. Therefore, option B is the correct answer. Option A might not be applicable as a correlation coefficient value closer to -1.0 is indicative of a negative relationship which still might be strong. Option C is not correct as the correlation coefficient measures the strength of the relationship between two factors, so a value closer to ±1.0 indicates a stronger relationship. Option D is incorrect since outliers will not affect the correlation coefficient value unless they are influential outliers.

The Correlation Coefficient Ranges from -1