Consider the following statements relating to correlation and regression analysis: Statement I: Correlation is independent of change of scale, but not of origin Statement II: Correlation denotes covariability between the variables Statement III: Regression is a relative measure of relationship between variables Statement IV: Regression is independent of change of origin but not of scale Choose the correct option:

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Consider the following statements relating to correlation and regression analysis: <br /> Statement I: Correlation is independent of change of scale, but not of origin Statement II: Correlation denotes covariability between the variables Statement III: Regression is a relative measure of relationship between variables Statement IV: Regression is independent of change of origin but not of scale Choose the correct option: