Answer the following: - If the correlation coefficient is 0.04, what is the sign of the slope of the regression line? - As the correlation coefficient decreases from 0.22 to 0.20, do the points of the scatter plot move toward the regression line, or away from it? Solution If the correlation coefficient is positive, then the slope of the line is POSITIVE. If this correlation coefficient decreases, then that means the points on the scatter plot move AWAY from the regression line..