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Business Statistics
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Statement I The product of coefficient of correlation, standard deviation of variable 'X' and Standard deviation of variable 'Y' gives the measure of covariance between X and Y variables.
Statement II The product of coefficient of correlation between X and Y variables and the ratio between standard deviation of X variable to standard deviation of Y variable measures the slope of the regression line of X on Y variable.

Answer & Solution
Correct Answer: Option A
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