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11th Standard English Medium Business Maths Subject Correlation and Regression Analysis Creative 5 Mark Questions with Solution Part - I

11th Standard

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Business Maths

Time : 00:30:00 Hrs
Total Marks : 25
    5 x 5 = 25
  1. For the data on price (in rupees) and demand (in tonnes) for a commodity, calculate the co-efficient of correlations.

    Price(X) 22 24 26 28 30 3 34 36 38 40
    Demand(Y) 60 58 58 50 48 48 48 42 36 32
  2. Obtain the two regression lines from the following

    X 6 2 10 4 8
    Y 9 11 5 8 7
  3. With the help of the regression equation for the data below, calculate the value of X when Y=20

    X 10 12 13 17 18
    Y 5 6 7 9 13
  4. A computer while calculating the correlation co-efficient between two variables x and y from 25 pairs of observations, obtained the following results. \(\sum\)x=125, \(\sum\)x2=650, \(\sum\)y=100, \(\sum\)y2=460, xy=508. It was later found out that it had copied down two pairs as while the correct values are 

    x y
    6 14
    8 6

     

    x y
    8 12
    6 8

    Obtain the correlation co-efficient for the correct value.

  5. The equations of two regression lines are 4x+3y+7=0 and 3x+4y+8=0.
    Find (i) the mean of x and the mean of y
    (ii) the regression co-efficient bxy and byx 
    (iii) the correlation co-efficient between x and y.

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