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    				| 1. | Can ‘r’ lie outside -1 and 1 range depending on the type of data? | 
| Answer» For any type of data, correlation (r) cannot lie outside the -1 and +1 range. The minimum limit of ‘r’ is -1 and +1 range. The minimum limit of ‘r’ is -1 and the maximum limit of r is +1. As a result, r can never lie outside these two limits. Symbolically. -1 ≤ r ≥ 1 If in any exercise, ‘r’ is outside this range it indicates error in calculation. | |