Which of the following statement is correct?

CA Foundation · Quantitative Aptitude · PYQS · September 2024
Which of the following statement is correct?
(A) A. Regression coefficients are independent of origin and scale.
(B) B. Both regression coefficients must be less than unity.
(C) C. The regression lines of two independent variables are parallel to each other.
(D) D. If two regression lines coincide with each other, there is no correlation between the variates.

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Regression coefficients are independent of origin and scale.

Topics: Part-C: Statistics

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic