What Is the Range of Values for a Coefficient of Correlation

question 107

Multiple Choice

What is the range of values for a coefficient of correlation?

• A) 0 to +1.0
• B) -3 to +3 inclusive
• C) -1.0 to +1.0 inclusive
• D) Unlimited range
• E) None of these statements are correct

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Definitions:

Domain

An area of interest or activity; in technology, it often refers to a specific sphere of knowledge or a segment of the internet identified by a unique domain name.

Relevant Environments

The specific external contexts or ecosystems that influence an organization’s operations, decision-making, and strategy formulation.

Portfolio

A collection of investments held by an individual or institution, or a collection of works or documents that showcase someone's abilities.

Environmental Uncertainty

The degree of unpredictability in an organization’s external environment that can affect its operations.