In one study, it was found that the correlation coefficient between two variables is 0.01.
which is true?
a. there is almost no association between the variables.
b. there is a strong negative association between the variables.
c. there is a strong positive association between the variables.
d. there is a perfect association between the variables.

Option A, There is almost no association between the variables.

Explanation:

Given -

Correlation coefficient between two variables is 0.01

As per the standard rule,  if the value of correlation coefficient lies between 0.3 and 0.5 , then it is said to have a low value of correlation coefficient.

Here the values is lesser than even 0.3 , hence it can be said that  a value of correlation coefficient   shows no association between the variables.

Thus, option A is correct.

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