The . . . . . . . . of r (correlation) is an amount which if added to and subtracted from the average correlation co-efficient produces amounts within which the chances are even that a co-efficient of correlation from a series error selected at random will fall
A. Sample error
B. Probable error
C. Average error
D. Standard error
Answer: Option B
Related Questions on Business Statistics
In statistical analysis, the burden of proof lies traditionally with
A. alternative hypothesis
B. null hypothesis
C. analyst
D. facts
A. Target fixing
B. Markets
C. Business forecasting for products
D. All of the above
A. Statements I and II are true
B. Statement II is true
C. Statements II and III are true
D. Statement III is true
A. Transaction processing
B. Application processing
C. Data processing
D. Information processing

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