Question
Economics Question on Coefficient of Variation
Which of the following is not the property of regression coefficients?
A
The coefficient of correlation and the two regression coefficients have the same signs.
B
The coefficient of correlation is the geometric mean between the regression coefficients.
C
If one of the regression coefficients is greater than unity, the other must be less than unity.
D
The regression coefficients are independent of change of origin and scale.
Answer
The regression coefficients are independent of change of origin and scale.
Explanation
Solution
The correct option is (D): The regression coefficients are independent of change of origin and scale.