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Question
The coefficient of correlation describes
Options
the magnitude and direction
only magnitude
only direction
no magnitude and no direction
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Solution
the magnitude and direction
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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 |
Correlation co-efficient lies between
The correlation coefficient is
The variable which influences the values or is used for prediction is called
The person suggested a mathematical method for measuring the magnitude of linear relationship between two variables say X and Y is
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Find the coefficient of correlation for the following data:
| X | 35 | 40 | 60 | 79 | 83 | 95 |
| Y | 17 | 28 | 30 | 32 | 38 | 49 |
If the points on the scatter diagram indicate that as one variable increases the other variable tends to decrease the value of r will be:
Calculate the Karl Pearson Correlation Co-efficient for the following data:
| Demand for Product X: | 23 | 27 | 28 | 29 |
30 |
31 | 33 | 35 | 36 | 39 |
| Sale of Product Y: | 18 | 22 | 23 | 24 | 25 | 26 | 28 | 29 | 30 | 32 |
