Vidyalelo
Management · Q786

International Finance and Treasury

Graduate and Post Graduate · Management · question 786

Q786

Choice of correlation coefficient is between

A.
0 to 1
B.
0 to 2
C.
Minus 1 to +1
Answer
D.
Minus 1 to 3

Answer: Option C

Solution

Answer: Option C
Solution:
Choice of correlation coefficient is between Minus 1 to +1. The value of the correlation coefficient lies between minus one and plus one, –1 ≤ r ≤ 1. If, in any exercise, the value of r is outside this range it indicates error in calculation.