Economics (M.Phil./Ph.D.) 2022 Panjab University Entrance Exam With Answers

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34.

Given the two regression lines estimated form given data as under:-

Y= 4+0.4X
X= -2 + 0.9Y
Then coefficient of correlation between X and Y will be:
A: 0.4
B: 0.5
C: 0.6
D: 0.8

The answer is: C