True or False: Assuming a linear relationship between X and Y, if the coefficient of correlation (r) equals 0.50, this means that 50% of the variation in the dependent variable (Y) is due to changes in the independent variable (X).
Given statement, " Assuming a linear relationship between X and Y, if the coefficient of correlation (r) equals 0.50, this means that 50% of the variation in the dependent variable (Y) is due to changes in the independent variable (X)." is False.
Because, correlation coefficient = r = 0.50
=> coefficient of determination (R2) = (0.50)2 = 0.25
Therefore, Assuming a linear relationship between X and Y, if the coefficient of correlation (r) equals 0.50, this means that 25% of the variation in the dependent variable (Y) is due to changes in the independent variable (X).
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