Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

When there is perfect correlation, the value of the correlation coefficient is:

/ » Quantitative Methods for Economic Analysis 2 solved MCQs / By
Question:

When there is perfect correlation, the value of the correlation coefficient is:

A.

-1

B.

+1

C.

±1

Answer» c. ±1

Note: The above multiple-choice question is for all general and Competitive Exams in India.