The rounding rule for the correlation coefficient requires three decimal places
this statement is true.
The correlation coefficient in statistics is a parameter which measures the degree of strength of relation between two variables .
Its value lies between -1 to +1 .
The closer the correlation coefficient will be near to 1 the stronger the correlation will be.
The correlation between two variables can be positive or negative
Correlation coefficients are helpful in determining the functional relationships among the variables
So higher magnitude of correlation coefficients lead to accurate functional relation among variables.
The rounding rule for the correlation coefficient requires three decimal places
this statement is true.
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https://brainly.com/question/15577278
