Correlation and RegressionMCQMTP May 18Question 3728 of 188
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Equations of two lines of regression are 4x+3y=7\displaystyle 4x + 3y = 7 and 3x+4y=0\displaystyle 3x + 4y = 0, the mean of x\displaystyle x and y\displaystyle y are

Options

A7/5\displaystyle -7/5 & 6/7\displaystyle 6/7
B4/7\displaystyle -4/7 & 11/7\displaystyle -11/7
C2\displaystyle 2 & 4\displaystyle 4
Dnone
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Correct Answer

Option dnone

All Options:

  • A7/5\displaystyle -7/5 & 6/7\displaystyle 6/7
  • B4/7\displaystyle -4/7 & 11/7\displaystyle -11/7
  • C2\displaystyle 2 & 4\displaystyle 4
  • Dnone

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Detailed Solution & Explanation

The intersection point of the two regression lines is the point of their arithmetic means, (barx,bary)\displaystyle (\\bar{x}, \\bar{y}). Therefore, we can find the means by solving the two regression equations simultaneously:\n\n1. 4x+3y=7\displaystyle 4x + 3y = 7\n2. 3x+4y=0\displaystyle 3x + 4y = 0\n\nFrom equation (2), we can express y\displaystyle y in terms of x\displaystyle x:\ny=frac34xy = -\\frac{3}{4}x\n\nSubstituting this value of y\displaystyle y into equation (1):\n4x+3left(frac34xright)=74x + 3\\left(-\\frac{3}{4}x\\right) = 7\n4xfrac94x=74x - \\frac{9}{4}x = 7\nfrac16x9x4=7\\frac{16x - 9x}{4} = 7\nfrac74x=7impliesx=4\\frac{7}{4}x = 7 \\implies x = 4\n\nNow, substitute x=4\displaystyle x = 4 back into the expression for y\displaystyle y:\ny=frac34(4)=3y = -\\frac{3}{4}(4) = -3\n\nThus, the mean values are barx=4\displaystyle \\bar{x} = 4 and bary=3\displaystyle \\bar{y} = -3.\n\nSince the coordinates (4,3)\displaystyle (4, -3) are not represented by Option A, B, or C, the correct choice is Option D (none). Note that the source key incorrectly marks Option A as correct; however, the mathematical calculation clearly leads to Option D.\n\nHence, **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

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