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If πˆπ’™ ࡌ 𝟏𝟎, πˆπ’š ࡌ 𝟏𝟐, and bxy = – 0.8, then the value of correlation coefficient (r) is

/ Β» Fundamentals of Business Statistics solved MCQs / By
Question:

If πˆπ’™ ࡌ 𝟏𝟎, πˆπ’š ࡌ 𝟏𝟐, and bxy = – 0.8, then the value of correlation coefficient (r) is

A.

– 0.84

B.

– 0.96

C.

– 0.75

D.

0.86

AnswerΒ» b. – 0.96

Note: The above multiple-choice question is for all general and Competitive Exams in India.Β