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Calculation of Ranks Correlation
Where Ranks are Given: When the actual ranks are given the steps followed are:
a.Compute the difference of the two ranks (R1 and R2) and denote by D.
b.Square the D and get D2.
c.Substitute the figures in the formula.
Ask questb. A Company produces 150 cars. But the production rate varies with the distribution. Production Rate 147 148 149 150 151 152 153 Probability 0.05 0.10 0.15 0.20 0.30 0.15
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