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

Word problem in algebra, robin runs 5 kilometers around the campus in the s...

robin runs 5 kilometers around the campus in the same length of time as he can walk 3 kilometers from his house to school. If he runs 4 kilometers per hour faster than he walks, ho

Work Word Problems, Data entry is performed in 2-person teams. Each 2-perso...

Data entry is performed in 2-person teams. Each 2-person team can enter 520 surveys per day. A selection of 7540 surveys must be entered by day''s end. How many total employees, wo

Rounding, what is the nearest ten thousand of 92,892?

what is the nearest ten thousand of 92,892?

Andrew is helping his mom remodel his room, The perimeter of Andrew''s rect...

The perimeter of Andrew''s rectangular room is 44 feet. What equation was used to find the perimeter?

Linear programming , A paper mill produces two grades of paper viz., X and ...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Difference between experiment and outcome, Difference Between Experiment an...

Difference Between Experiment and Outcome Experiment is an operation that produces outcomes which can be observed. Outcome/Event is the result of an experiment.

Algebra, how to solve algebra

how to solve algebra

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