Given below are two statements :
Statement (I): Spearman's rho (p) is generally employed to measure the strength and direction of relationship between two ordinal variables.
Statement (II): Pearson's coefficient of correlation 'r' is very useful when relationship between two variables is curvilinear.
In the light of the above statements, choose the most appropriate answer from the options given below:
1
Both Statement I and Statement II are correct
2
Both Statement I and Statement II are incorrect
3
Statement I is correct but Statement II is incorrect
4
Statement I is incorrect but Statement II is correct