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Question
Choose the correct alternative:
Both the regression coefficients cannot exceed 1
Options
True
False
Solution
True
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RELATED QUESTIONS
You are given the following information about advertising expenditure and sales.
Advertisement expenditure (₹ in lakh) (X) |
Sales (₹ in lakh) (Y) | |
Arithmetic Mean | 10 | 90 |
Standard Mean | 3 | 12 |
Correlation coefficient between X and Y is 0.8
- Obtain the two regression equations.
- What is the likely sales when the advertising budget is ₹ 15 lakh?
- What should be the advertising budget if the company wants to attain sales target of ₹ 120 lakh?
Bring out the inconsistency in the following:
bYX = 2.6 and bXY = `1/2.6`
The following data about the sales and advertisement expenditure of a firms is given below (in ₹ Crores)
Sales | Adv. Exp. | |
Mean | 40 | 6 |
S.D. | 10 | 1.5 |
Coefficient of correlation between sales and advertisement expenditure is 0.9.
Estimate the likely sales for a proposed advertisement expenditure of ₹ 10 crores.
For a bivariate data: `bar x = 53, bar y = 28,` bYX = - 1.5 and bXY = - 0.2. Estimate Y when X = 50.
The equations of two regression lines are x − 4y = 5 and 16y − x = 64. Find means of X and Y. Also, find correlation coefficient between X and Y.
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Regression equations of two series are 2x − y − 15 = 0 and 3x − 4y + 25 = 0. Find `bar x, bar y` and regression coefficients. Also find coefficients of correlation. [Given `sqrt0.375` = 0.61]
Find the line of regression of X on Y for the following data:
n = 8, `sum(x_i - bar x)^2 = 36, sum(y_i - bar y)^2 = 44, sum(x_i - bar x)(y_i - bar y) = 24`
Choose the correct alternative:
If for a bivariate data, bYX = – 1.2 and bXY = – 0.3, then r = ______
Choose the correct alternative:
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Corr(x, x) = 1
If n = 5, ∑xy = 76, ∑x2 = ∑y2 = 90, ∑x = 20 = ∑y, the covariance = ______
If u = `(x - "a")/"c"` and v = `(y - "b")/"d"`, then bxy = ______
Arithmetic mean of positive values of regression coefficients is greater than or equal to ______
If u = `(x - 20)/5` and v = `(y - 30)/4`, then byx = ______
Mean of x = 53
Mean of y = 28
Regression coefficient of y on x = – 1.2
Regression coefficient of x on y = – 0.3
a. r = `square`
b. When x = 50,
`y - square = square (50 - square)`
∴ y = `square`
c. When y = 25,
`x - square = square (25 - square)`
∴ x = `square`
If byx > 1 then bxy is _______.
For a bivariate data:
`sum(x - overlinex)^2` = 1200, `sum(y - overliney)^2` = 300, `sum(x - overlinex)(y - overliney)` = – 250
Find:
- byx
- bxy
- Correlation coefficient between x and y.