The value of the correlation coefficient lies between / » Fundamentals of Business Statistics solved MCQs / By admin Question: The value of the correlation coefficient lies between A. 0 and 1 B. – 1 and 1 C. -1 and 0 D. – 0.5 and 0.5 Answer» b. – 1 and 1 Note: The above multiple-choice question is for all general and Competitive Exams in India.