(See Steps) As the value of P earson correlation coefficient (r) approaches plus or minus 1, what does it indicate about the following? The consistency


Question: As the value of P earson correlation coefficient ( r ) approaches plus or minus 1, what does it indicate about the following?

  1. The consistency in the X-Y pairs
  2. The variability of the Y scores at each X
  3. The closeness of Y scores to the regression line
  4. The accuracy with which we can predict Y if X is known

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