JEE Main & Advanced Mathematics Statistics Question Bank Self Evaluation Test - Statistics

  • question_answer
    For 10 observations on price (x) and supply (y), the following data was obtained: \[\sum{x=130,\sum{y=220,}}\] \[\sum{{{x}^{2}}=2288,\sum{{{y}^{2}}=5506}}\] and \[\sum{xy=3467}\] What is line of regression of y on x?

    A) \[y=0.91x+8.74\]

    B) \[y=1.02x+8.74\]

    C) \[y=1.02x-7.02\]

    D) \[y=0.91x-7.02\]

    Correct Answer: B

    Solution :

    [b] Line of regression of y on x is:
    \[y-\bar{y}={{b}_{yx}}(x-\bar{x})\]
    \[\bar{y}=\frac{\Sigma y}{n};\bar{x}\frac{\Sigma x}{n}\Rightarrow \bar{y}=\frac{220}{10}=22;\bar{x}=\frac{130}{10}=13\]
    \[{{b}_{yx}}=r.\frac{{{\sigma }_{y}}}{{{\sigma }_{x}}}\]
    \[r=\frac{n\Sigma xy-(\Sigma x)(\Sigma y)}{\sqrt{[n\Sigma {{x}^{2}}-{{(\Sigma x)}^{2}}][n\Sigma {{y}^{2}}-{{(\Sigma y)}^{2}}]}}\]
    \[=\frac{10(3467)-(130)(220)}{\sqrt{[(10\times 2288)-{{130}^{2}}][(10\times 5506)-({{220}^{2}})]}}\]
    \[{{\sigma }_{y}}=\sqrt{\frac{\Sigma {{y}^{2}}}{n}-{{\left( \frac{\Sigma y}{n} \right)}^{2}}}\Rightarrow {{\sigma }_{y}}=8.2;{{\sigma }_{x}}=7.73.\]
    \[\Rightarrow {{b}_{xy}}=0.962\times \frac{8.2}{7.73}=1.02\]
    \[\Rightarrow \]Line of regression of y on x is;
    \[y-22=1.02(x-13)\]
    \[\Rightarrow y=1.02x+8.74\]


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