If correlation coefficient between A and B is -0.12 and correlation coefficient between B and C is 0.34, what is the best way to describe the correlation coefficient between A and C? (you do NOT need to find the actual answers, but describe what would be the direction and why).
If correlation coefficient between A and B is -0.12 and correlation coefficient between B and C is 0.34, what is the best way to describe the correlation coefficient between A and C?
Since, correlation coefficient between A and B is -0.12
hence if value of A will increase the value of B will decrease
correlation coefficient between B and C is 0.34
hence if value of B will decrease the value of C will decrease
Hence, A and C goes in opposite direction
A and C are negatively correlated
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