Yule's coefficient of association (Q) for attributes A and B ranges between: MCQ with Answer and Explanation

Yule's coefficient of association (Q) for attributes A and B ranges between:
A. -∞ and +∞
B. 0 and N
C. -1 and +1
D. 0 and 1
Answer: Option C
Solution (By JKExamLibrary)
Yule's Q = [(AB)(αβ) - (Aβ)(αB)] / [(AB)(αβ) + (Aβ)(αB)], which ranges from -1 (perfect negative association) to +1 (perfect positive association), with 0 indicating independence.

This question belongs to: Accountancy and Statistics Statistics

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