What are the potential pitfalls of using pearsons r
Question:
1. Pearson's correlation is a useful tool for detecting relationships. What is the assumption? What are the potential pitfalls of using Pearson's r?
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Formulate an opinion on your thoughts and ideas on the topics/issues
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Pearson's correlation is a useful tool for detecting relationships. What is the assumption? What are the potential pitfalls of using Pearson's r?
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Book value per share of common stock of a manufacturing company:
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