Practice free →
HomeCA FoundationquantitativeaptitudeCorrelation and Regression › If byx = 1.6 and bxy = 0.4, the value of r is

If byx = 1.6 and bxy = 0.4, the value of r is

A1.0
B0.64
C0.5
D0.8
Answer & Solution
Correct answer: D. 0.8
1. r^2 = byx * bxy. 2. = 1.6 * 0.4. 3. = 0.64. 4. r = sqrt(0.64) = 0.8 (positive since both b's positive). _Source: ICAI BoS Foundation Paper 3, Ch 17 'Regression', p.12_
Solve this in the app — CA Foundation practice & 24k+ MCQs →
Related questions