CFA Practice Question
Which value of r indicates the strongest correlation?
A. +0.48
B. -0.50
C. -0.30
Explanation: The bigger the absolute value of r, the stronger the correlation. The sign +/- just shows the direction, not the strength.
User Contributed Comments 5
| User | Comment |
|---|---|
| Mago | yeah, it is tricky! |
| gazman1984 | darn. Silly when for POSITIVE correlation |
| tommyguard3 | Good question simple mistake glad it was pointed out before the exam |
| samsavon | DAMMMM OMG |
| Suharevat | omg, thank you) |