Question

The linear correlation coefficient is a numerical value that ranges from -1.00 to +1.00. Describe in a sentence or two the meaning of each of these correlation coefficients:
a) -1.00 b) +1.00

Answer 1

a) Perfect predictability, where one variable increases, while the other decreases.

b) Perfect predictability, where both variable increase/decrease together.

Answer 2

Oh....I understand a little better now...thank you!