The importance of the correlation co-efficient lies in the fact that:
A. There is a linear relationship between the correlated variables.
B. It is one of the most valid measure of statistics.
C. It allows one to determine the degree or strength of the association between two variables.
D. It is a non-parametric method of statistical analysis.
Answer:C
The importance of the correlation co-efficient lies in the fact that:
A. There is a linear relationship between the correlated variables. B. It is one of the most valid measure of statistics. C. It allows one to determine the degree or strength of the association between two variables. D. It is a non-parametric method of statistical analysis.