MaxamilianR1210 MaxamilianR1210
  • 28-10-2022
  • Mathematics
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A set of data has correlation coefficient r. For which value of r would the average magnitude of theresiduals be the smallest?

A set of data has correlation coefficient r For which value of r would the average magnitude of theresiduals be the smallest class=

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SukhrajO767793 SukhrajO767793
  • 28-10-2022

The correlation coefficient, denoted by r, is a measure of the strength of the straight-line or linear relationship between two variables. The correlation coefficient takes on values ranging between +1 and -1. 0 indicates no linear relationship.

So, from the options:

[tex]-0.034\to0[/tex]

is the best choice

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