Correlation and RegressionMCQMTP June 22Question 3684 of 188
All Questions

In a bivariate distribution if the rank correlation coefficient r=0.12\displaystyle r = 0.12, Sigmad2=146\displaystyle \\Sigma d^2 = 146. Then the no. of observed pairs (N)\displaystyle (N) is

Options

A9\displaystyle 9
B8\displaystyle 8
C7\displaystyle 7
D10\displaystyle 10
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option d10\displaystyle 10

All Options:

  • A9\displaystyle 9
  • B8\displaystyle 8
  • C7\displaystyle 7
  • D10\displaystyle 10

Ad

Detailed Solution & Explanation

**Finding number of pairs from Spearman's formula:** Given: - rs=0.12\displaystyle r_s = 0.12 - sumd2=146\displaystyle \\sum d^2 = 146 **Formula:** rs=1frac6sumd2n(n21)r_s = 1 - \\frac{6\\sum d^2}{n(n^2-1)} 0.12=1frac6times146n(n21)0.12 = 1 - \\frac{6 \\times 146}{n(n^2-1)} frac876n(n21)=10.12=0.88\\frac{876}{n(n^2-1)} = 1 - 0.12 = 0.88 n(n21)=frac8760.88=995.45...n(n^2-1) = \\frac{876}{0.88} = 995.45... Let's try n=10\displaystyle n = 10: n(n21)=10(1001)=10times99=990n(n^2-1) = 10(100-1) = 10 \\times 99 = 990 Check: rs=1frac6times146990=1frac876990=10.8848...=0.115approx0.12\displaystyle r_s = 1 - \\frac{6 \\times 146}{990} = 1 - \\frac{876}{990} = 1 - 0.8848... = 0.115 \\approx 0.12 ✓ So N=10\displaystyle N = 10. Hence, **Option D** 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.

Key Concepts to Understand

Related Comparison Tables

More Questions from Correlation and Regression

Ready to Master Correlation and Regression?

Practice all 188 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free