I dont understand i thought correlation coeficiants only are
I dont understand, i thought correlation coeficiants only are from -1.00 till +1.00, so is there such a thing as a correlation coefficient of 1.05, and if so what does it mean?
The pic attached is why I\'m asking tge auestion, so what would the answer to that be as well?
Thank you
Solution
B
a calculation error because also you know you are telling me that you know the correlation only can be from -1 till +1
so a correlation of +1.05 doesnt have any sence
