Asked by Jasdeep Singh on Jul 26, 2024
Verified
Two variables that have a negative correlation move in opposite directions.
Negative Correlation
A relationship between two variables in which one variable increases as the other decreases, and vice versa.
Opposite Directions
Refers to two or more entities, trends, or forces moving in contrary paths or exhibiting contrary behavior in a given context.
- Understand the linkage between variables and their representation on graphs.
- Understand the implications of correlations and causations among economic variables.
Verified Answer
VM
victoria macklaiJul 30, 2024
Final Answer :
True
Explanation :
When two variables have a negative correlation, as one variable increases, the other decreases, and vice versa, indicating they move in opposite directions.
Learning Objectives
- Understand the linkage between variables and their representation on graphs.
- Understand the implications of correlations and causations among economic variables.
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