Which of these are correct about correlation coefficient? (Select all that apply)

 
 
 

Correct! The negative sign means they are strongly negatively correlated

 

 
 
 
 

Correct! Values can be positively and negatively related

 
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Imagine you are a marketing director at a large office supply chain. You've been asked to analyze sales of your store brand pencils compared to a name brand of pencils. You've gathered sales data and…