Which of the following statements concerning the linear correlation coefficient are true?
I: If the linear correlation coefficient for two variables is zero, then there is no relationship between the variables.
II: If the slope of the regression line is negative, then the linear correlation coefficient is negative.
III: The value of the linear correlation coefficient always lies between ā1 and 1.
IV: A linear correlation coefficient of 0.62 suggests a stronger linear relationship than a linear correlation coefficient of ā0.82.
I and IV
II and III
I and II
III and IV