If other factors are held constant, if the Pearson correlation between X and Y is r = 0.50, then the regression equation will produce more accurate predictions than would be obtained  if r = 0.70. True or false?

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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If other factors are held constant, if the Pearson correlation between X and Y is r = 0.50, then the regression equation will produce more accurate predictions than would be obtained  if r = 0.70.

True or false?

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