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Management · Q227

Business Statistics

Graduate and Post Graduate · Management · question 227

Q227

Statement I The product of coefficient of correlation, standard deviation of variable 'X' and Standard deviation of variable 'Y' gives the measure of covariance between X and Y variables. Statement II The product of coefficient of correlation between X and Y variables and the ratio between standard deviation of X variable to standard deviation of Y variable measures the slope of the regression line of X on Y variable.

A.
Both statements are correct
Answer
B.
Both statements are incorrect
C.
Statement I is correct while Statement II is incorrect
D.
Statement I is incorrect while Statement II is correct

Answer: Option A

Solution

Answer: Option A
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