The correlation is best interpreted
A)By itself
B)Along with the covariance
C)Along with the corresponding scatterplot
D)Along with the corresponding contingency chart
E)Along with the mean and standard deviation

Question

Quizplus · Accepted Answer

The correlation coefficient tells us about the strength and direction of the linear relationship between two variables, but to fully understand the relationship, we need to look at the corresponding scatterplot. The scatterplot will show us the pattern of the data and any outliers or nonlinear relationships that the correlation coefficient may not capture. Once we have a visual understanding of the relationship between the variables, we can use the correlation coefficient to quantify the strength and direction of the linear relationship.

The Correlation Is Best Interpreted