For the purposes of testing for a correlation, does it matter which variable is labeled X and which is labeled Y?
A. No it does not matter; the estimate of a correlation (and correlation test) is symmetric.
B. Yes, it does matter; the strength of the correlation (and the result of the correlation test) will depend on which you variable you pick as the explanatory variable.
Correlation : It is the measure of linear relationship between two variables
Correlation can be positive, negative, or no correlation.
Generally it can be denoted by ' r'
It can be calculated as
Where , r = 1 then there is a perfect positive correlation
r = -1 then there is a perfect negative correlation
r = 0 then there is a no correlation
The correlation coefficient lies between -1 to 1
Note that the correlation coefficient is symmetrical with respect to X and Y
i.e.
Therefor Option A ) No it does not matter; the estimate of a correlation (and correlation test) is symmetric is correct
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