Sunday, 28 June 2015

Cima C03 Exam Question No 13

Question No 13:

For a set of six pairs of observations for the variables X (number of employees in hundreds) and Y
(product sales in thousands of units), the following results were obtained:
ΣX = 1 ΣY = 15 ΣX2 = 15 ΣY2 = 65 ΣXY = 7
The correlation coefficient is nearest to

A.
0·22
B.
0·47
C.
0·90
D.
- 0·32

Answer: A

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