A Correlation Coefficient Is a Unitless Measure of the Linear

question 111

True/False

A correlation coefficient is a unitless measure of the linear relationship between two random variables.

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Definitions:

Random Sample

A subset of individuals chosen from a larger set (population) where each individual has an equal chance of being selected.

Proportion

Represents a part or fraction of a whole, often expressed as a percentage or ratio.

Sample Size

The quantity of observations accumulated in a sample originating from a broader population.

Population Proportion

A measure that represents the fraction of the total population possessing a certain characteristic or attribute.