Question
Economics Question on Probability
Suppose that for a random sample of size 10, the value of covariance between two variables X and Y is 100 and the standard deviations of X and Y are 5 and 20 respectively. What is the value of regression coefficient in regression of Y on X?
A
4
B
20
C
1
D
0.25
Answer
4
Explanation
Solution
The correct answer is (A) : 4.