With reference to the correlation coefficient, which of the following statement is/are correct?
(1) It measures the degree and direction of linear association between two variables
(2) It measures the degree and direction of non-linear association between two variables
Select the correct answer using the options given below
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2
Answer: Option A
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