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Commerce · Q1065

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 1065

Q1065

Consider the following statements: 1. Correlation analysis helps in determining the relationship between two or more variables it does not tell us anything about the cause and effect relationship 2. The ratio of explained variation to the 1 total variation is called the coefficient of correlation 3. Pearsonian coefficient always assumes linear relationship and is unduly effected by the extreme items Which of the above statements is/are correct?

A.
2 alone
B.
1 and 2
C.
1 and 3
Answer
D.
2 and 3

Answer: Option C

Solution

Answer: Option C
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