CompTIA Data+ (DA0-001) — Question 234

Which of the following statistical measures is the most suitable and simple measure of the strength and direction of the linear relationship between price and volume?

Answer options

Correct answer: C

Explanation

The correct answer is Correlation because it specifically measures the strength and direction of a linear relationship between two variables. Standard deviation indicates variability, Interception is not a statistical measure relevant to relationships, and Covariance shows the direction of a relationship but does not standardize the strength of that relationship.