If the lines of regression of on and that of on are and respectively, then
Explanation for the correct option:
Step 1: Find the slope of the given regression lines.
In the question, the equation of two lines is given.
we know that the slope-intercept form of a line is .
Where, are the general point of the given line, is the slope of the line and is the intercept.
Assume that the slope of the first regression line is and the slope of the second regression line is .
On comparing equation and equation , we get
Since the second equation is the line of regression of on . So, to find the slope of this equation we treat as and as .
So, the slope of the second regression line is .
Step 2: Find the value of .
According to the definition of regression lines, regression lines are the two best-fit lines for the any given regression one is the lines of regression of on and the other is the lines of regression of on , and the relation between the slopes of the regression lines is as follows:
Since the values of and are and respectively.
So,
Therefore, the value of lies in the range of .
Hence, option (C) is the correct answer.