Correlation and RegressionMCQMTP Apr 21Question 3744 of 188
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The regression equation x\displaystyle x and y\displaystyle y is 3x+2y=100\displaystyle 3x + 2y = 100, the value of bxy\displaystyle b_{xy}

Options

Afrac23\displaystyle -\\frac{2}{3}
Bfrac1003\displaystyle \\frac{100}{3}
Cfrac32\displaystyle \\frac{3}{2}
Dfrac23\displaystyle \\frac{2}{3}
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Correct Answer

Option afrac23\displaystyle -\\frac{2}{3}

All Options:

  • Afrac23\displaystyle -\\frac{2}{3}
  • Bfrac1003\displaystyle \\frac{100}{3}
  • Cfrac32\displaystyle \\frac{3}{2}
  • Dfrac23\displaystyle \\frac{2}{3}

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Detailed Solution & Explanation

**Given Equation:** 3x+2y=1003x + 2y = 100 We need to find the regression coefficient of x\displaystyle x on y\displaystyle y, denoted by bxy\displaystyle b_{xy}. **Step 1: Express x\displaystyle x in terms of y\displaystyle y** The regression line of x\displaystyle x on y\displaystyle y is written in the form x=a+bxyy\displaystyle x = a + b_{xy} y. Rearranging the given equation: 3x=2y+1003x = -2y + 100 x=frac23y+frac1003x = -\\frac{2}{3}y + \\frac{100}{3} **Step 2: Identify bxy\displaystyle b_{xy}** Comparing this equation with x=a+bxyy\displaystyle x = a + b_{xy} y, we get the coefficient of y\displaystyle y: bxy=frac23b_{xy} = -\\frac{2}{3} **Note on Typo:** The source file lists Option C (32\displaystyle \frac{3}{2}) as correct, which is a typographical error. The mathematically correct value is 23\displaystyle -\frac{2}{3}, which corresponds to Option A. Hence, **Option A** 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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