An analyst calculated the correlation coefficient between the unemployment rate in the United States and the inflation rate. The correlation coefficient was negative 15.2% ,i.e., -15.2%. Here, the analyst is most likely to conclude that      There is a strong, direct, and non-linear relationship between the unemployment rate and inflation.      There is a weak, direct, and non-linear relationship between the unemployment rate and inflation.      There is a strong, inverse, and non-linear relationship between the unemployment rate and inflation.      There is a weak, inverse, and linear relationship between the unemployment rate and inflation.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 15PPS
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An analyst calculated the correlation coefficient between the unemployment rate in the United States and the inflation rate. The correlation coefficient was negative 15.2% ,i.e., -15.2%. Here, the analyst is most likely to conclude that 

   

There is a strong, direct, and non-linear relationship between the unemployment rate and inflation.

   

 There is a weak, direct, and non-linear relationship between the unemployment rate and inflation.

   

 There is a strong, inverse, and non-linear relationship between the unemployment rate and inflation.

   

 There is a weak, inverse, and linear relationship between the unemployment rate and inflation.

 

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