Correlation and RegressionMCQMTP June 24 Series IIIQuestion 3671 of 188
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If r=0.5\displaystyle r = 0.5, sumxy=120\displaystyle \\sum xy = 120, sigmay=8\displaystyle \\sigma_y = 8, sumx2=90\displaystyle \\sum x^2 = 90, then value of n is equal to _________ where sumxy=sum(xbarx)(ybary)\displaystyle \\sum xy = \\sum (x - \\bar{x})(y - \\bar{y}), sumx2=sum(xbarx)2\displaystyle \\sum x^2 = \\sum (x - \\bar{x})^2

Options

A5\displaystyle 5
B10\displaystyle 10
C15\displaystyle 15
D20\displaystyle 20
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Correct Answer

Option b10\displaystyle 10

All Options:

  • A5\displaystyle 5
  • B10\displaystyle 10
  • C15\displaystyle 15
  • D20\displaystyle 20

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Detailed Solution & Explanation

**Finding n\displaystyle n from given correlation data:** Given: - r=0.5\displaystyle r = 0.5 - sumxy=sum(xbarx)(ybary)=120\displaystyle \\sum xy = \\sum(x-\\bar{x})(y-\\bar{y}) = 120 - sigmay=8\displaystyle \\sigma_y = 8 - sumx2=sum(xbarx)2=90\displaystyle \\sum x^2 = \\sum(x-\\bar{x})^2 = 90 **Karl Pearson's formula:** r=fracsumxysqrtsumx2cdotsumy2r = \\frac{\\sum xy}{\\sqrt{\\sum x^2 \\cdot \\sum y^2}} We know sigmay2=fracsumy2n\displaystyle \\sigma_y^2 = \\frac{\\sum y^2}{n}, so sumy2=nsigmay2=ntimes64=64n\displaystyle \\sum y^2 = n \\sigma_y^2 = n \\times 64 = 64n Substituting: 0.5=frac120sqrt90times64n0.5 = \\frac{120}{\\sqrt{90 \\times 64n}} 0.5=frac120sqrt5760n0.5 = \\frac{120}{\\sqrt{5760n}} sqrt5760n=frac1200.5=240\\sqrt{5760n} = \\frac{120}{0.5} = 240 5760n=2402=576005760n = 240^2 = 57600 n=frac576005760=10n = \\frac{57600}{5760} = 10 Hence, **Option B** is the correct answer.

About This Chapter: Correlation and Regression

Paper

Paper 3: Quantitative Aptitude

Weightage

4-6 Marks

Key Topics

Correlation Coefficient, Regression Equations

This chapter covers Correlation Coefficient, Regression Equations and is part of Paper 3: Quantitative Aptitude in the CA Foundation exam.

View Official ICAI Syllabus

Exam Strategy Tip

This topic carries 4-6 Marks weightage. Focus on understanding core concepts rather than memorizing.

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