Final answer:
If the correlation coefficient rXY is 1, it means there is a perfect positive linear relationship between X and Y, with all data points lying on a straight line with a positive slope.
Step-by-step explanation:
If a probability plot shows that the correlation coefficient rXY is 1, it indicates a perfect positive linear relationship between the variables X and Y. This means, as X increases, Y also increases proportionally, and this relationship is perfectly linear, meaning all points lie on a straight line with a positive slope.
The correlation coefficient, known as r, always ranges between -1 and +1. A value of +1 signifies a perfect positive correlation, while a value of -1 signifies a perfect negative correlation. If r equals 0, it indicates that there is zero correlation between X and Y, and there is no linear relationship.
Therefore, the correct answer is (b) There's a perfect positive linear relationship between X and Y.