There are two series of index numbers, P for price index and S for stock of a commodity. The mean and standard deviation of P are 100 and 8 and of S are 103 and 4 respectively. The correlation coefficient between the two scries is 0.4. With these data, work out a linear equation to read off values of P for various values of S. Can the same equation be used to read off values of S for various values of P?
There are two series of index numbers, P for price index and S for stock of a commodity. The mean and standard deviation of P are 100 and 8 and of S are 103 and 4 respectively. The correlation coefficient between the two scries is 0.4. With these data, work out a linear equation to read off values of P for various values of S. Can the same equation be used to read off values of S for various values of P?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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