Skip to content
Question 27 of 31
Q.

(a) The following are the ranks obtained by 10 students in Commerce and Accountancy are given below :

Commerce64312798105
Accountancy41675810932

To what extent is the knowledge of students in two subjects related?

OR

(b) A person sells a 20% stocks of Face Value ₹ 10,000\text{\text{₹}}\,10{,}000 at a premium of 42%. With the money obtained he buys a 15% stock at a discount of 22%. What is the change in his income if the brokerage paid is 2%.

Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2024Subjective· 5mImportance★★★★★
87% · 27/31 Questions
🔒 Locked · start free trial →

You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.

Start your 14-day free trial to unlock the full solution →

(a) Rank correlation ρ≈0.22\rho\approx0.22 — weak positive. (b) The person's income rises by ₹625.

(a) Spearman's rank correlation

Commerce R1R_164312798105
Accountancy R2R_241675810932
dd23-3-6-3-1-1-173
d2d^2499369111499

∑d2=128, n=10.\sum d^{2}=128,\ n=10.

ρ=1−6×12810(99)=1−768990=1−0.776=0.224≈0.22.\rho=1-\frac{6\times128}{10(99)}=1-\frac{768}{990}=1-0.776=0.224\approx0.22.

So the two subjects are only weakly (low) positively related.

(b) Stocks with brokerage …

Unlock everything free for 14 days

  • Full step-by-step solutions
  • Concept-first explanations
  • Methods, shortcuts & mistakes
  • PYQ mapping + timed mock tests

Full access for 14 days. No credit card required.