MCQ Bank
What is the relationship between the RSQ function and the correlation coefficient?
- A) RSQ is the square of the correlation coefficient.
- B) RSQ is unrelated to the correlation coefficient.
- C) RSQ is the square root of the correlation coefficient.
- D) RSQ is double the correlation coefficient.
Equation of line having slope 0 and passing through the point A (0, 1) is
- A) Y =1
- B) Y-1= X
- C) X-1= 2(Y+1)
- D) X=1
If the increase in one variable causes increase in the another variable, the form of correlation between the variables must be
- A) Positive
- B) Negative
- C) Perfect
- D) Imperfect
In scatter diagram, correlation is called negative, if the value of the dependent variable decreases as the value of the independent variable increases.
- A) False
- B) True
- C)
- D)
Standard deviation can be calculated by taking deviation from any measure of central tendency
- A) True
- B) False
- C)
- D)
The moving average CANNOT be used for one of the followings.
- A) Time Series Variation
- B) Short-term fluctuations
- C) Standard Deviations
- D) Smoothing Operation
The straight line passing through points (1, 2), (-15, 2) and (15, 2) has slope
- A) infinity
- B) 2
- C) zero
- D) 1
The coefficient of variation for a set of annual incomes is 18%; the coefficient of variation for the length of service with the company is 29%. What does this indicate?
- A) Dispersions are equal
- B) Dispersion in the two distributions (income and service) cannot be compared using percents
- C) More dispersion in the lengths of service compared with income
- D) More dispersion in the distribution of the incomes compared with the dispersion of their length of service
In a simple linear regression analysis, the correlation coefficient (r) and the slope (b1) have the same sign.
- A) Always
- B) Sometimes
- C) Most of the times
- D) Never
The correlation between two variables measures the extent to which they are
- A) associated
- B) related with respect to effect.
- C) causally related
- D) mutually exclusive
If Sxy = -3.27, Sx = 2.416 and r = -0.091, then Standard deviation of Y is
- A) 14.87
- B) 12.85
- C) 15.88
- D) 13.86
As the regression line equation is y = ax + b, where a is
- A) The slope
- B) The y-intercept
- C) y = x
- D) The x-intercept
In formula RSQ(known_y's,known_x's), the arguments must be either
- A) numbers or names.
- B) arrays.
- C) all options are valid.
- D) references that contain numbers..
If the regression line is $Y = 8 – 5X$, then “$8$” is the ………. and “$-5$” is the …………… of the regression line.
- A) Intercept, slope
- B) Slope, regression coefficient
- C) Radius, intercept
- D) Slope, intercept
Let, Variation (Y) = n*Sum(y^2) – [Sum(y)]^2
Variation (X) = n*Sum(x^2) – [Sum(x)]^2 Then, the following formula of slope
b = {Sum(X*Y) – [ Sum(x)*Sum(y)] }/ Variation (X)
- A) d)None of these
- B) b)for the regression line X on Y
- C) a)for the regression line Y on X
- D) c) Both (a) and (b)
In the regression line equation $Y = a + bX;\,\,b$ is called the _______.
- A) X-intercept
- B) Slope
- C) Y -intercept
- D) None of these
Which of the following are the components of time series?
- A) Trend
- B) Irregular variation
- C) Seasonal variation
- D) All of these.
In correlation analysis
- A) We consider the intercept with the Y-axis.
- B) We study the strength of the association between two variables.
- C) None of these
- D) We consider several independent variables.
When r=0 it means that there is ..... between the random variables.
- A) No correlation
- B) Nonsense correlation
- C) Positive correlation
- D) Negative correlation
If the INTERCEPT function returns a value of 0, what does it mean?
- A) Regression line passes through the origin.
- B) Dependent and independent variables are uncorrelated.
- C) No relationship between the variables.
- D) Slope of the line is zero.