Question 5 - Week 4 Practice | Prasnya
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Week 4
Question 5
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Which of the following statements is/are incorrect about correlation coefficient?
Multiple correct
Medium Difficulty
10 July 2022
A
The correlation coefficient is sensitive to outliers.
B
The correlation coefficient between two variables is always less than the covariance between them.
C
If the variables
X
X
and
Y
Y
are independent, then the value of the correlation coefficient is zero.
D
The range of correlation coefficient is same as the range of point bi-serial correlation coefficient.
