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What are the factors that affect the magnitude of correlation coefficient? (a) List at least 2...

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Basic Math

What are the factors that affect the magnitude of correlationcoefficient? (a) List at least 2 factors and (b) explain how theyaffect the magnitude of correlation coefficient.

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What factors influence the magnitudes ofcorrelationsThe empirical correlation between two variables X and Y shouldestimate the strength of the true association between thosevariables in theory But in practice it often over orunderestimates the strength of the real relationshipFactors that affect the magnitude ofcorrelationIs the relation linearAn r value can only be large if the association between the Xand Y variables is linear there can be a strong nonlinearassociation between X and Y and yet the Pearsons r between themcan be small because r detects only linear    See Answer
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