If the p-value is less than the significance level (α = 0.05): Decision: REJECT the null hypothesis. Conclusion: "The correlation coefficient IS SIGNIFICANT." We believe that there IS a significant linear relationship between x and y. because the correlation coefficient is significantly different from 0.
Similarly, you may ask, what indicates a strong correlation?
The correlation coefficient, denoted by r, is a measure of the strength of the straight-line or linear relationship between two variables. Values between 0.7 and 1.0 (-0.7 and -1.0) indicate a strong positive (negative) linear relationship via a firm linear rule.
What does it mean to have a high correlation?
Correlation refers to a technique used to measure the relationship between two or more variables.When two things are correlated, it means that they vary together.Positive correlation means that high scores on one are associated with high scores on the other, and that low scores on one are associated with low scores on