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Correlation — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsCorrelation1 Mark
MCQ
The value of correlation coefficient of two variables 'alpha' and 'beta' has been computed as $0.39$. What does this value convey?
  • A
    High degree of positive correlation.
  • B
    Moderate degree of positive correlation.
  • ✓
    Low degree of positive correlation.
  • D
    Very low degree of positive correlation Answer.
✓

Answer

Correct option: C.
Low degree of positive correlation.

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