The statement about the correlation coefficient of the exponential and logarithmic model is true
The correlation coefficient, r² is given as:
r² = 0.668
An exponential model and a logarithm model are inverse functions.
This means that, their correlation coefficients are also inverse
Given that the correlation coefficient, r² of the exponential data is 0.668.
And the highest value of the correlation coefficient is 1.
This means that the correlation coefficient, r² of the logarithmic data would be less than 0.668
Hence, the given statement is true.
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