Asked by Nicole Bellorini on Sep 26, 2024
Verified
The covariance can be negative but the coefficient of correlation cannot.
Covariance
A measure of the degree to which two variables change together, indicating the direction of their linear relationship.
Coefficient of Correlation
A statistical measure that calculates the strength and direction of a linear relationship between two variables on a scatter diagram.
- Understand and apply the concept of covariance and correlation.
Verified Answer
N-
NF - 12PJ - Meadowvale SS (2562)3 days ago
Final Answer :
False
Explanation :
The coefficient of correlation can be negative, ranging from -1 to 1. It indicates the strength and direction of the linear relationship between two variables. The covariance can also be negative, but it does not provide information on the strength of the relationship as it is affected by the unit of measurement of the variables.
Learning Objectives
- Understand and apply the concept of covariance and correlation.