When we describe relationships between variables, a correlation nearer to 1.00 (plus or minus) indicates that?

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24-08-2022
Mathematics

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When we describe relationships between variables, a correlation nearer to 1.00 (plus or minus) indicates that?

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choprayogita110 choprayogita110 · Answer 1 · 2022-08-29T02:48:08-04:00

When we describe relationships between variables, a correlation nearer to 1.00 (plus or minus) indicates the relationship between variables is strong.

The strength and direction of a relationship between two or more variables are described by the statistical measure of correlation, which is given as a number. However, a correlation between two variables does not necessarily imply that a change in one variable is the reason for a change in the values of the other.

When correlation is known, predictions can be made using it. Knowing a score on one measure helps us predict another that is closely related to it more accurately. The forecast will be more accurate the stronger the correlation between/among the variables.

Learn more about correlation here

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