What is the significance of a correlation coefficient of 0.3? (1 point) Responses The points all lie very close to the line of fit, and the line is decreasing. The points all lie very close to the line of fit, and the line is decreasing. The points all lie very close to the line of fit, and the line is increasing. The points all lie very close to the line of fit, and the line is increasing. The points do not follow the line of fit, and the line is decreasing. The points do not follow the line of fit, and the line is decreasing. The points do not follow the line of fit, and the line is increasing.

Question

What is the significance of a correlation coefficient of 0.3? (1 point) Responses The points all lie very close to the line of fit, and the line is decreasing. The points all lie very close to the line of fit, and the line is decreasing. The points all lie very close to the line of fit, and the line is increasing. The points all lie very close to the line of fit, and the line is increasing. The points do not follow the line of fit, and the line is decreasing. The points do not follow the line of fit, and the line is decreasing. The points do not follow the line of fit, and the line is increasing.

Answer 1

A correlation coefficient of 0.3 indicates a weak positive correlation between the two variables. The points do not lie very close to the line of fit, meaning there is a noticeable scatter, and the relationship is not strong. Therefore, the correct interpretation from the options provided would lean towards:

"The points do not follow the line of fit, and the line is increasing."

This reflects the weak correlation and the fact that the relationship, while positive, is not strong.