Final answer:
The sign of a correlation does indicate the direction of the relationship, either positive or negative. However, it does not tell us anything about the strength of the correlation.
Step-by-step explanation:
False. The sign of a correlation does indicate the direction of the relationship, either positive or negative. A positive correlation means that the variables move in the same direction, while a negative correlation means that the variables move in opposite directions. However, the sign of the correlation coefficient does not tell us anything about the strength of the correlation. The strength of the correlation is indicated by the number portion of the correlation coefficient, with values closer to 1 indicating a stronger relationship and values closer to 0 indicating a weaker relationship.