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Consider the following statements with r...

Consider the following statements with regard to correlation coefficient r between random variables x and y.
I. `r=+1` or `-1` means there is a linear relationship between the variables.
II. `-1lerle1` and `r^(2)` is a measure of the linear relationship between the variables.
Which of the statements given above is/are correct?

A

Only I

B

Only II

C

Both I and II

D

Neither I nor II

Text Solution

Verified by Experts

The correct Answer is:
C

Both the given statements which is related to correlation coefficient r between variables x and y are correct.
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