The statement "If the correlation coefficient of two numeric variables is greater than 0.5, we can assume that one variable causes the other" is incorrect.
Correlation:
Two variables are said to be correlated if there is an association between them.
If the correlation coefficient is greater than 0.5, there is a strong correlation between the two variables. Then, when one variable changes, the other variable also changes. If two variables are related/correlated, we cannot say that one variable causes the other. Correlation does not imply causation.
Therefore, the statement "If the correlation coefficient of two numeric variables is greater than 0.5, we can assume that one variable causes the other" is incorrect.
Statistics aren't always correct. Sampling and other data may have errors. In that case, they cannot be assumed to be true.
So the statement when presented with statistics, we can assume that the results are correct is false.
If it approaches 0, the correlation is said to be low. A low value indicates a weak correlation.
So the statement "a low correlation coefficient means that the variables are weakly correlated" is true.
To learn more about the Correlation visit: https://brainly.com/question/28898177
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