SOLUTION: Can you have a negative correlation coefficient for a positive variable in an index. That is:Can a data set produce a negative correlation with variable x in a index (x * y * x

Algebra.Com
Question 196806: Can you have a negative correlation coefficient for a positive variable in an index.
That is:Can a data set produce a negative correlation with variable x in a index (x * y * x)?

Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
Can you have a negative correlation coefficient for a positive variable in an index.
That is:Can a data set produce a negative correlation with variable x in a index (x * y * x)?
--------------------
If by "correlation coefficient" you mean "r", which is the
measure of linear correlation, the value of "r" can vary
from -1 to +1. Positive values of "r" indicate that y increases
as x increases. Negative values of "r" indicate tha y decreases
as x increases.
I am not sure what you mean by "a positive variable in an index".
-----------------------
Cheers,
Stan H.

RELATED QUESTIONS

Thank you so much for your help!!! Computing correlations is appropriate when we have (answered by jim_thompson5910)
For the period 1995 through 2008, obtain data on the average annual returns for U.S.... (answered by lynnlo)
Can two sets of data have a negative... (answered by stanbon)
Which of the following is a description of the data with a correlation coefficient of... (answered by Boreal)
Bill is doing a project for you in the marketing department. In conducting his analysis (answered by solver91311)
Construct a scatter plot using excel for the given data. Determine whether there is a... (answered by Fombitz)
How would you interpret the findings of a correlation study that reported a linear... (answered by robertb)
Examining Relationships Question 3 Select one answer. 10 points If there is no... (answered by ikleyn)
A positive correlation coefficient between the dependent variable Y and the independent... (answered by Edwin McCravy)