The correlation coefficient between variables X and Y is 0.62. What does this signify?   Question 8Answer a. When Y increases 1, X increases by 0.62 b. When X increases by 1, Y increases by 0.62 c. The variance shared by X and Y is less 20% d. The variance shared by X and Y is 62%

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The correlation coefficient between variables X and Y is 0.62. What does this signify?


 

Question 8Answer

a.
When Y increases 1, X increases by 0.62
b.
When X increases by 1, Y increases by 0.62
c.
The variance shared by X and Y is less 20%
d.
The variance shared by X and Y is 62%
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