The correlation bewen house price in dollars and area of the

The correlation bewen house price (in dollars) and area of the house (in square feet) for some houses is 0.91. If you found the correlation between house price in thousands of dollars and area in square feet for the same houses, what would the correlation be?

Solution

The correlation will be the same i.e 0.91.

Change in unit does not affect the value of correlation.