{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2024-02-29T14:05:55.497Z","dateModified":"2024-03-12T03:27:54.619Z","typicalAgeRange":"11-18","educationalLevel":"CUET (PG)","assesses":"Economics - Coefficient of Variation","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Coefficient of Variation"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Economics"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"CUET (PG)"}],"name":"Quiz about Coefficient of Variation","about":{"@type":"Thing","name":"Economics - Coefficient of Variation"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Coefficient of Variation","text":"Suppose the correlation coefficient between two variables X and Y is 0.6, what proportion of variation in Y is explained by variation in X?}","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"\"\""},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

0.60

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

0.36

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

0.40

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

0.2

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

0.36

","comment":{"@type":"Comment","text":"\"\""},"answerExplanation":{"@type":"comment","text":"The correct option is(B): 0.36"}}}]}

Suppose the correlation coefficient between two variables X and Y is 0.6, what proportion of variation in Y is explained by variation in X?

The Correct Option is B

Solution and Explanation

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