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  3. the coefficient of correlation is: 1- the range of

The coefficient of correlation is: 1- the range of values over which the probability may...

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Accounting

The coefficient of correlation is:

1- the range of values over which the probability may be estimated based upon the regression equation results.

2- the proportion of the total variance in the dependent variable explained by the independent variable.

3- the measure of variability of the actual observations from the predicting (forecasting) equation line.

4- the relative degree that changes in one variable can be used to estimate changes in another variable.

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