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What Is the Range of Values for a Coefficient of Correlation

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


Definitions:

Good Luck

A term expressing wishes for success or fortune in someone's endeavors or circumstances.

Hard Work

The significant effort or diligence applied towards completing tasks or achieving goals.

Variability

The extent to which data points in a set differ from each other and from the overall mean, indicating diversity or inconsistency.

Statistical Significance

A mathematical measure that indicates whether the observed differences in data are likely due to chance or represent a true effect in a population.

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