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The value of the coefficient of correlation r lies between: - Economics

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प्रश्न

The value of the coefficient of correlation r lies between:

विकल्प

  • 0 and 1

  • -1 and 0

  • -1 and +1

  • -0.5 and +0.5

MCQ
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उत्तर

-1 and +1

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Correlation
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 12: Introduction to Statistical Methods and Econometrics - Model Questions [पृष्ठ २७९]

APPEARS IN

सामाचीर कलवी Economics [English] Class 12 TN Board
अध्याय 12 Introduction to Statistical Methods and Econometrics
Model Questions | Q 8. | पृष्ठ २७९

संबंधित प्रश्न

In the following data one of the value of y is missing. Arithmetic means of x and y series are 6 and 8 respectively. `(sqrt(2) = 1.4142)`

x 6 2 10 4 8
y 9 11 ? 8 7

Estimate missing observation.


Calculate the correlation coefficient for the following data.

X 5 10 5 11 12 4 3 2 7 1
Y 1 6 2 8 5 1 4 6 5 2

Find the coefficient of correlation for the following:

Cost (₹) 14 19 24 21 26 22 15 20 19
Sales (₹) 31 36 48 37 50 45 33 41 39

Calculate the coefficient of correlation between X and Y series from the following data.

Description X Y
Number of pairs of observation 15 15
Arithmetic mean 25 18
Standard deviation 3.01 3.03
Sum of squares of deviation from the arithmetic mean 136 138

Summation of product deviations of X and Y series from their respective arithmetic means is 122.


If the values of two variables move in same direction then the correlation is said to be


If the values of two variables move in the opposite direction then the correlation is said to be


Correlation co-efficient lies between


The correlation coefficient from the following data N = 25, ∑X = 125, ∑Y = 100, ∑X2 = 650, ∑Y2 = 436, ∑XY = 520


The variable whose value is influenced (or) is to be predicted is called


The correlation coefficient


Scatter diagram of the variate values (X, Y) give the idea about


If two variables moves in decreasing direction then the correlation is


If r = – 1, then correlation between the variables


If Cov(x, y) = – 16.5, `sigma_"x"^2` = 2.89, `sigma_"y"^2` = 100. Find correlation coefficient.


Calculate the correlation coefficient from the following data:

∑X = 125, ∑Y = 100, ∑X2 = 650, ∑Y2 = 436, ∑XY = 520, N = 25


A measure of the strength of the linear relationship that exists between two variables is called:


Define Correlation.


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