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Commerce · Q400

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 400

Q400

Which of the following statements are true? Select the correct option. (1) The coefficient of rank correlation has the same limits as the Karl Pearson's coefficient of correlation. (2) The coefficient of correlation is independent of the change of origin but not of scale. (3) The covariance between X and Y is defined as where and n = number of paired observations. (4) Bxy is called regression coefficient of X variable on Y variable. (5) If bxy is 0.4 and byx is 1.6, coefficient of determination would be 0.8.

A.
1, 2 and 3
B.
1, 3 and 4
Answer
C.
3, 4 and 5
D.
2, 3 and 5

Answer: Option B

Solution

Answer: Option B
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