💼 Pre-MBA Exam Prep

Correlation coefficient (r) ranges from:

A 0 to infinity
B -1 to +1, where -1 is perfect negative, 0 is none, and +1 is perfect positive linear relationship
C -100 to 100
D 0 to 1 only

✓ Correct Answer: Option B

Pearson r: measures strength and direction of linear relationship. r=+1: perfect positive, r=-1: perfect negative, r=0: no linear relationship. r² = coefficient of determination.

Related Pre-MBA Exam Prep Questions