Mathematics · Statistics and Correlation
Which of the following statements is true regarding correlation and regression analysis?
- 1The Spearman correlation coefficient is a measure of the linear association between two interval variables.
- 2The Pearson correlation coefficient is designed to capture the extent of linear association between variables.✓
- 3In regression analysis, the dependent variable is treated as a fixed variable, while the independent variable is random.
- 4The Pearson correlation coefficient can range from +2.0 to -2.0.
Correct answer
The Pearson correlation coefficient is designed to capture the extent of linear association between variables.
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