When the value of the correlation coefficient r is equal to 0.5, it indicates a fairly weak to moderate positive relationship between two variables. The correlation coefficient r is a statistical measure that describes the strength and direction of a linear relationship between two variables.
Here are some important points to understand:
The correlation coefficient r ranges from -1 to 1.
r = 1 : This represents a perfect positive linear relationship, where all data points lie exactly on a line with positive slope.
r = − 1 : This represents a perfect negative linear relationship, where all data points lie exactly on a line with negative slope.
r = 0 : This indicates no linear relationship between the variables.
Since r = 0.5 is a positive value, it implies that as one variable increases, the other variable tends to increase as well, but the relationship is not strong.
Correct Answer: (D) Fairly strong positive relationship - In this context, it's indicating a moderate positive relationship, as a correlation of 0.5 is considered to reveal a fair level of association, albeit not a strong one.
In summary, a correlation coefficient of 0.5 suggests that there is some degree of positive linear relationship between the two variables, but it is not very strong.