Rank the following sets of Correlation Coefficients based on
Rank the following sets of Correlation Coefficients based on strength of their relationship, starting from the weakest, and ending at the strongest? .75 -.04 -.42 .38 -.08
Solution
For correlation coefficient :
If it is from -1 to -0.07 then x and y have strong negative correlation.
If it is from -0.07 to 0 then x and y have weak negative correlation.
If It is 0 then x and y have no relation at all.
If it is from 0 to 0.07 then x and y have weak positive correlation.
If it is from 0.07 to 1 then x and y have strong positive correlation.
Hence here from weakest to strongest : -0.04, -0.08, -0.42, 0.38, 0.75,......(as it is not mentioned about strong positive and negative)
