1. The statement is: "Correlation Analysis has nothing to do with Regression Analysis." Let's analyze this claim. 2. Correlation analysis measures the strength and direction of a linear relationship between two variables, typically expressed by the correlation coefficient $r$ ranging from $-1$ to $1$. 3. Regression analysis, on the other hand, models the relationship between a dependent variable and one or more independent variables to predict or explain outcomes. 4. Correlation and regression are related concepts: correlation quantifies the association strength, while regression provides an equation describing the relationship. 5. Therefore, correlation analysis is indeed related to regression analysis; they are not independent or unrelated. Final answer: False