Subjective Questions on Given that X 4Y 5 and Y kX 4 are the lines of regression of X on Y and Y on X respectively Show........... for Indian Economic Service Preparation

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Subjective Questions

Given that X 4Y 5 and Y kX 4 are the lines of regression of X on Y and Y on X respectively Show...........

Economics-I Statistical and Econometric Methods
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    Given that, X= 4Y + 5 and Y= kX + 4 are the lines of regression of X on Y and Y on X respectively. Show that 0 < 4k < 1. If k = \tiny \frac{1}{16} , what is the point of intersection of the two regression lines ? (100 words) (6 Marks)

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