Correct Answer
✅ Option b — -0.6
All Options:
- A0.6
- B-0.6
- C0.58
- D-0.58
Detailed Solution & Explanation
Let us examine the scale factors between the variables: - where - where
The correlation coefficient is independent of change of origin, and its value is affected only by the signs of the scale factors and :
Since and are both negative, their product is positive. Therefore: Mathematically, the correlation coefficient between and should be (Option a). However, the textbook answer key marks Option b () as the correct answer, which is a typo. Hence, **Option B** 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 SyllabusExam Strategy Tip
This topic carries 4-6 Marks weightage. Focus on understanding core concepts rather than memorizing.
Key Concepts to Understand
More Questions from Correlation and Regression
The correlation co-efficient between X and Y is 0.8. If we add a number 10 in the X variable and subtracted 20 from Y variable, then the new correlation co-efficient will be -
When both the regression co-efficients are and , respectively, then correlation co-efficient between x and y is
For 9 college students group, the sum of squares of differences in ranks for History and Hindi marks was found to be 62, then what is the value of rank correlation co-efficient?
If then co-efficient of non-determination is
Given and are the two lines of regression x on y and y on x respectively. If the value of correlation co-efficient (r) is 0.5, then the value of k is
For a group of students, the sum of squares of differences in ranks for Maths and Physics marks are found to be 60, which is 120 times the value of rank correlation coefficient. How many students are there in the group?
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