MCQ Class 11 Economics Chapter 6 Correlation CBSE Board

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Statistics for Economics

1. What does a correlation coefficient of –1 represent?

Question 1 of 20

2. Which measure of correlation is affected by extreme values more than Spearman's rank correlation?

Question 2 of 20

3. What is the main purpose of using the step deviation method?

Question 3 of 20

4. Which property of the correlation coefficient is used in the step deviation method?

Question 4 of 20

5. Who developed Spearman's rank correlation coefficient?

Question 5 of 20

6. In which situation is Spearman's rank correlation particularly useful?

Question 6 of 20

7. Which of the following is an example of an attribute that cannot be measured numerically?

Question 7 of 20

8. What does the letter D represent in Spearman's rank correlation formula?

Question 8 of 20

9. What does n represent in Spearman's rank correlation formula?

Question 9 of 20

10. What is the formula for Spearman's rank correlation coefficient when ranks are not repeated?

Question 10 of 20

11. What is done when ranks are repeated in Spearman's rank correlation?

Question 11 of 20

12. How is a common rank assigned to repeated items?

Question 12 of 20

13. Which method can be used to examine non-linear relationships visually?

Question 13 of 20

14. Why should Karl Pearson's coefficient not be used for a non-linear relationship?

Question 14 of 20

15. What is the relationship between years of farmers' schooling and annual yield per acre in the given example?

Question 15 of 20

16. What is the value of the correlation coefficient between price index and money supply in the given example?

Question 16 of 20

17. What does a correlation coefficient of 0.1 indicate?

Question 17 of 20

18. What does a correlation coefficient of –0.9 indicate?

Question 18 of 20

19. Does correlation necessarily imply a cause-and-effect relationship?

Question 19 of 20

20. Which statement correctly describes the conclusion of correlation analysis?

Question 20 of 20


 

 

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