If 2 items are close to negatively correlated, then the value of the correlation is approximately ..

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BlackTom AI · Accepted Answer

The question asks about the value of the correlation when two items are close to negatively correlated. In statistics, a perfect negative linear correlation corresponds to r = -1, and strong negative correlation is near -1.

However, there are no answer options provided to evaluate or compare.

Conceptually, if two variables move in opposite directions in a tightly coupled way, the correlation coefficient approaches -1; if the relationship is strong but not perfect, it would be slightly greater than -1 (e.g., -0.8 or -0.9). If the relationship is weak or ambiguous, r would be near 0 or more positive or negative depending on the data.

Without explicit choices to assess, the correct takeaway is that a near-perfect negative correlation implies r is approximately -1. In standard notation this is written as r ≈ -1.

If you intended to include options, you would typically see choices like -1, -0.3, 0, 0.5, etc. Among those, the one closest to the concept of a strong negative correlation would be -1 (or a value very close to -1).

ERMCPS5350_003_2025_3 - INTRO TO QUANTITATIVE RISK MANAGEMENT 6. Quiz for Class 6

If 2 items are close to negatively correlated, then the value of the correlation is approximately ..

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