Correlation coefficient between two random variables x and y denoted by $\\mathbfr_\\mathbfxy\\text or \\mathbfr\\mathbfx,\\mathbfy$OptionA $\\mathbfr_\\textxy = \\mathbfr_\\textyx$B. Correlation coefficientr does not change its magnitude under the change of origin and scale.C. rx, y =1D. r lies between 1 and 1, that is \\ 1 \\leqslant r \\leqslant 1\\
While both provide accurate results, statsmodels implement linear regression in a more statistical way providing us detailed reports regarding the various statistical tests ran by it internally. This helps us in identifying the relative importance of each independent variable. Sklearn, on the other hand, implements linear regression using the machine learning approach and doesn’t provide …