Question
Which of the following statements about correlation
coefficient and regression coefficients are correct? (A) The correlation coefficient is unaffected by change of origin and scale (B) Regression coefficients are independent of change of origin but not of scale (C) Correlation coefficient is the geometric mean of two regression coefficients (D) If one regression coefficient is greater than 1, the other must also be greater than 1 Choose the correct answer from the options given belowSolution
(A) The correlation coefficient is unaffected by change of origin and scale: True, it measures the strength of a linear relationship regardless of the units of measurement. (B) Regression coefficients are independent of change of origin but not of scale: True, changing the scale affects the slope but not the relationship's nature. (C) Correlation coefficient is the geometric mean of two regression coefficients: True, it's a relationship between the regression coefficients in bivariate normal distribution.
Floating-rate bonds are designed to minimise which of the following risks?
The Risk-Based Internal Audit (RBIA) system is mandated for
What is the maximum overdraft that can be provided by a bank to account holder of the Pradhan Mantri Jan Dhan Yojna ?
Who has assumed the presidency of the Financial Action Task Force (FATF) for the term 2024-2026?
Which of the following transformations is most appropriate to bring all feature values into the range [0,1] for a machine learning model?
Calculate P/E Ratio from the following:
Equity share capital @ 10 each : 800000
9% preference share capital: 300000
 Profit (afte...
A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of d...
Deen Dayal Upadhyaya Kaushalya Yojana (DDU-GKY) is a demand-driven placement linked skill training initiative working under the National Rural Livelihoo...
The concept of Corporate Social Responsibility (CSR) is based on which of the following theory?
The managerial leadership style is better known as ___________
Relevant for Exams:
