A Correlation Coefficient,an Index Number Constrained to Fall Between the Range

question 54

True/False

A correlation coefficient,an index number constrained to fall between the range of -1.0 and +1.0,communicates both the strength and the direction of association between three or more categorical variables.

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Definitions:

Q2

The second quartile in a data set, also known as the median, which divides a data set into two equal halves.

Q3

The third quartile in a data set, representing the midpoint between the median and the highest value of the dataset.

Percentile Points

Values that divide a set of observations into 100 equal parts, often used to interpret scores in tests.

Distribution

The spread of values within a dataset, representing how often each value occurs.