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The text gives guidelines for interpreting correlations. Provide an example of a low, mooderate, and high...

The text gives guidelines for interpreting correlations. Provide an example of a low, mooderate, and high correlation.

Math   Statistics-And-Probability   
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Answer #1

High Correlation: If the coefficient value lies between ± 0.50 and ± 1, then it is said to be a strong or high correlation.

example: 0.9354, -0.859

Moderate Correlation: If the value lies between ± 0.30 and ± 0.49, then it is said to be a moderate correlation.

Example: 0.40, -0.35

Low Correlation: When the value lies below 0.29, then it is said to be a small correlation. example is 0.10, -0.05

+ means positive correlation

- means it is a negative correlation

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