Correlation and RegressionPYQ Jan 26Question 4136 of 179
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The coefficient of rank correlation in a beauty contest of 10 candidates by two judges A & B was found to be 0.5. If it was later discovered that the difference in rank of one candidate was wrongly taken as 3 instead of 7. The corrected coefficient of rank correlation is?

Options

A0.26
B0.32
C0.49
D0.93
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Correct Answer

✅ Option a — 0.26

All Options:

  • A0.26
  • B0.32
  • C0.49
  • D0.93

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

Correlation

A statistical measure that expresses the extent to which two variables are linearly related.

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