NDA2011MathematicsStatisticsActual
Consider the following statements with regard to correlation coefficient r between random variables x and y : 1. r=+1 or -1 means there is a linear relation between x and y . 2. -1 r 1 and r^2 is a measure of the linear relationship between the variables. Which of the statements given above is/are correct?
Options
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Correct answer
C. Both 1 and 2
Step-by-step solution
The correct answer is option (C).