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Correlation

Question
CBSEENST11024461

Can r lie outside -1 and 1 range depending on the type of data?

Solution

No, r cannot lie outside -1 and 1 range depending on the types of data. It lies between minus one and plus one. Symobtically.

-1 ≤ r ≥ 1

If in any exercise, r is outside this range it indicates error in calculation.