(Answered) State whether the following statements are true or

Finance

State whether the following statements are True or False.

The term correlation refers to how two variables vary independently of one another.

Outliers can increase or decrease the value of r.

The linear correlation coefficient may assume any value -1 ≤ r ≤ 1.

When conducting a hypothesis test with chi-square analysis, the rejection region in a chi-square distribution is always in the upper or right tail.

ANOVA is the preferred method for finding differences among several population proportions.

If P-value £ a , reject H₁.

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