CA Foundation Exam  >  CA Foundation Questions  >  If the regression line of x on y and y on x a... Start Learning for Free
If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient?
Most Upvoted Answer
If the regression line of x on y and y on x are given by 2y=-9x +5 and...
Calculation of correlation coefficient


To calculate the correlation coefficient, we need to first find the slope of each regression line.

Regression line of x on y


2y = -9x + 5

y = (-9/2)x + (5/2)

Slope = -9/2

Regression line of y on x


2x = -4y + 6

y = (-1/2)x + (3/2)

Slope = -1/2

Correlation coefficient


r = (Slope of regression line of x on y) * (Slope of regression line of y on x)

r = (-9/2) * (-1/2)

r = 9/4

Therefore, the correlation coefficient is 9/4.

Explanation


The correlation coefficient measures the strength and direction of the linear relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation, 0 indicates no correlation, and 1 indicates a perfect positive correlation.

In this case, the correlation coefficient is positive, which indicates a positive linear relationship between x and y. As the correlation coefficient is greater than zero but less than 1, the relationship is not very strong but still significant.

The slope of each regression line tells us how much one variable changes for a unit change in the other variable. For example, the slope of the regression line of x on y tells us that for every unit increase in y, x decreases by 4.5 units.

Overall, the correlation coefficient and the regression lines provide useful information about the relationship between two variables, allowing us to make predictions and gain insights into the data.
Explore Courses for CA Foundation exam
If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient?
Question Description
If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient?.
Solutions for If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient? defined & explained in the simplest way possible. Besides giving the explanation of If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient?, a detailed solution for If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient? has been provided alongside types of If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient? theory, EduRev gives you an ample number of questions to practice If the regression line of x on y and y on x are given by 2y=-9x +5 and 2x=-4y+ 6 respectively, what is the correlation coefficient? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev