Determine rank correlation coefficient, Mathematics

Assignment Help:

Determine Rank Correlation Coefficient

A group of 8 accountancy students are tested in Quantitative Techniques and Law II.  Their rankings in the two tests were as:

Student

Q. T. ranking

Law II ranking

d

d2

A

2

3

-1

1

B

7

6

1

1

C

6

4

2

4

D

1

2

-1

1

E

4

5

-1

1

F

3

1

2

4

G

5

8

-3

9

H

8

7

1

1

Σd2 = 22

d = Q. T. ranking - Law II ranking

R = 1 - {(6Σd2)/(n(n2 -1))}

1 -{(6(22))/(8(82 -1))} = 0.74

Hence we conclude that there is a reasonable agreement among student's performances in the two types of tests.

NOTE: in this illustration, if we are given the actual marks then we find r.  R varies between -1 and +1.


Related Discussions:- Determine rank correlation coefficient

Addition of like terms with same signs, Case 1: Suppose we are given...

Case 1: Suppose we are given expressions like 3abc and 7abc and asked to compute their sum. If this is the case we should not worry much. Because adding like exp

Difference between absolute and relative in the definition, Difference betw...

Difference between absolute and relative in the definition Now, let's talk a little bit regarding the subtle difference among the absolute & relative in the definition above.

Define tautology and contradiction, Define tautology and contradiction.  ...

Define tautology and contradiction.  Ans: If a compound proposition comprises two atomic propositions as components, after that the truth table for the compound proposition con

Arithmetic progressions, ARITHMETIC PROGRESSIONS: One  of the  endlessly a...

ARITHMETIC PROGRESSIONS: One  of the  endlessly alluring  aspects  of mathematics  is  that its thorniest  paradoxes have  a  way  of blooming  into  beautiful  theories Examp

Functions of several variables - three dimensional space, Functions of Seve...

Functions of Several Variables - Three Dimensional Space In this part we want to go over a few of the basic ideas about functions of much more than one variable. Very first

Application of linear function, four times an unknown number is equal to tw...

four times an unknown number is equal to twice the sum of five and that unknown number

Function notation, Function notation: Next we have to take a rapid look at...

Function notation: Next we have to take a rapid look at function notation. Function notation is nothing more than way of writing the y in a function which will let to simplify not

I want to learn mathematics, I was never really good at mathematics what is...

I was never really good at mathematics what is the best way? I am reading Math better explained but is there anything else I can do? I want to study advanced topics and get a good

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd