Correlation and RegressionPYQ Sep 24Question 3768 of 158
All Questions

In case of "Insurance companies' profit" and "The number of claims they have to pay", there exists a:

Options

ANegative correlation
BPositive correlation
CNo correlation
DIt cannot be predicted
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Correct Answer

✅ Option a — Negative correlation

All Options:

  • ANegative correlation
  • BPositive correlation
  • CNo correlation
  • DIt cannot be predicted

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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