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State the Possible Range of a Correlation Coefficient, and the Nature

question 287

Essay

State the possible range of a correlation coefficient, and the nature of the relationship between variables at the low and high ends of the range.Why is this relationship important?


Definitions:

Proposition

A statement or assertion that expresses a judgement or opinion, capable of being true or false.

Predicate Class

A class defined by a property that its members share, which is often specified by a predicate in logic or mathematics.

Universal

Pertaining to all members or elements in a given group or category without exception.

Copula

A word used to link the subject of a sentence with a predicate (a subject complement), such as the verb 'to be' in many contexts.

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