What is the significance of a correlation coefficient of 0.88?
A.The points all lie very close to the line of fit and the line is decreasing.
B.The points all lie very close to the line of fit and the line is increasing.
C.The points do not follow the line of fit and the line is increasing.
D.The points do not follow the line of fit and the line is decreasing.
The maximum positive value that the correlation coefficient can have is 1. Thus, 0.88 is pretty close, indicating a positive slope for the regression line and points lying close to that line.
