Coefficient of correlationForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Coefficient of correlationThis topic has 3 replies, 2 voices, and was last updated 3 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts August 31, 2021 at 7:48 pm #633711 johnbrianeMemberTopics: 170Replies: 160☆☆☆Dear sir To identify The weakest relationship between two variablesShould we look for the number which is close to 1 ?But why should it be close to 1 sir ( for it to be weak ) September 1, 2021 at 7:11 am #633737 John MoffatKeymasterTopics: 57Replies: 54679☆☆☆☆☆A coefficient of +1 or -1 means that there is perfect correlation. The further it is from 1 (i.e. the closer to zero) then the weaker the correlation. September 1, 2021 at 8:25 am #633763 johnbrianeMemberTopics: 170Replies: 160☆☆☆Oh ok sir And the more closer it is to 1 the relationship is strongerAnd the more closer it is to zero Then the relationship is weak September 1, 2021 at 6:15 pm #633827 John MoffatKeymasterTopics: 57Replies: 54679☆☆☆☆☆That is correct 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘Coefficient of correlation’ is closed to new replies.