Exam 8: Probability, Correlation, and Index Numbers in Statistics

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In scatter diagram, if most of the points lie in the first and third quadrants, then coefficient of correlation is:

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We can measure the cause and effect relationship by the help of

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The total events to throw three dice simultaneously is

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If both variables are varying in the opposite direction, it is called:

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Regression coefficient is independent of

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The slope of regression line of Y on X is also called the

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A dice is thrown. Find the probability of getting an even number?

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A component of time series used for short term forecast is

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In perfect positive correlation:

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When the two regression lines are parallel to each other, then their slopes are

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Correlation does not imply

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If both the variables are varying in the same direction, the correlation is said to be

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One card is drawn from a standard pack of 52. What is the probability that the card drawn is a king?

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When two events cannot occur simultaneously in a single trial it is called

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The total current year prices for the various commodities in question is divided by the total of base year prices and the quotient is multiplied under

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Two events that cannot be happened simultaneously is known as:

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Coefficient of correlation will be always

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When the outcome of one event does not affect the outcome of the other it is said to be

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If two events A and B are mutually exclusive the probability of the occurrence of either A or B is the sum individual probability of A and B. This theorem is called:

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