T.R. Jain and V.K. Ohri Solutions for Class 11 Statistics for Economics Chapter 12 - Correlation

T.R. Jain and V.K. Ohri Solutions for Class 11 Statistics for Economics Chapter 12 – Correlation is regarded as an important concept to be studied thoroughly by the students. Here, we have provided T.R. Jain and V.K. Ohri Solutions for Class 11.

Board CBSE
Class Class 11
Subject Statistics for Economics
Chapter Chapter 12
Chapter Name Correlation
Number of questions solved 02
Category T.R. Jain and V.K. Ohri

Chapter 12 – Correlation covers the below-mentioned concepts:

  • Concept and definition of Correlation
  • Simple and Multiple Correlation
  • Linear and Non-linear correlation
  • Karl Pearson’s Coefficient of Correlation
  • Properties of the correlation coefficient

T.R. Jain and V.K. Ohri Solutions for Class 11 Statistics for Economics Chapter 12 – Correlation

Question 1

From the following data, compute the Coefficient of Correlation between X and Y series:

X-series Y-series
Number of items 6 6
Arithmetic Mean 350 138
Squares of Deviations from Mean 19 94

Summation of the product of deviations of X and Y series from their respective arithmetic mean = 41.

Solution:

Given,

N = 6, \(\bar{X}\)= 350, \(\bar{Y}\) = 138, = 19, = 94, xy = 41

r = \(\frac{\sum xy}{\sqrt{\sum x^{2}\times \sum y^{2}}}\)

Substituting the values, we get

r = \(\frac{41}{\sqrt{19\times94}}= \frac{41}{\sqrt{1,786}}=\frac{41}{42.26}=0.97\)

Coefficient of Correlation (r) = +0.97

Question 2

What is Correlation?

Solution: According to Boddington, “Wherever some definite connection exists between the 2 or more groups, classes or series or data there is said to be correlation”.

The above-provided solutions are considered to be the best solutions for Statistics for Economics Class 11 T.R. Jain and V.K. Ohri Solutions for Chapter 12 – Correlation. Stay tuned to BYJU’S to learn more and score well in the upcoming board examinations.

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