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Which of the following statements is false? The magnitude of r ranges from -1 to +1....

Which of the following statements is false?

The magnitude of r ranges from -1 to +1.

Covariance can be more than 1.

The absolute value of correlation coefficient should not exceed 1.0 regardless of the scales of measurement.

We do not know the direction of associations between two variables by calculating a covariance.

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The statements that are FALSE -

ans-> We do not know the direction of associations between two variables by calculating a covariance.

Yes, we do know the direction of associations between two variables by calculating a covariance, it is positive then we can say the variables are positively associated and if it is negative then we can say the variables are negatively associated

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