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

Method of reduction of order, Consider the equation x 2 y′′+ xy′- y = 4x...

Consider the equation x 2 y′′+ xy′- y = 4x ln x (a) Verify that x is a solution to the homogeneous equation. (b) Use the method of reduction of order to derive the second

What is the smaller probable value of this number, The sum of the square of...

The sum of the square of a number and 12 times the number is -27. What is the smaller probable value of this number? Let x = the number.  The statement that is "The sum of the

Find the normal to any point on the surface of convex lenses, Draw a tangen...

Draw a tangent on the lens where you want to find normal .Then line perpendicular to tangent gives normal at that point.

Complex numbers from the eigenvector and the eigenvalue, Complex numbers fr...

Complex numbers from the eigenvector and the eigenvalue. Example1 : Solve the following IVP. We first require the eigenvalues and eigenvectors for the given matrix.

Surface area, Find the amount of sheet metal need to form a conical funnel ...

Find the amount of sheet metal need to form a conical funnel of base radius 30cm with a vertical height of 50cm, allowing for 0.5cm overlap. Find the total surface area?

Pre Calculus 12, A radioactive substance decays to 30% of its original mass...

A radioactive substance decays to 30% of its original mass in 15 months. Determine the half-life of this radioactive substance to the nearest month

Rounding whole numbers, Rounding whole numbers List the order in which ...

Rounding whole numbers List the order in which nancy, amy, ethel and cindy line up in single file to board the school bus. Then match the girls with their heights, which are fo

Conditional probability: independent events, Conditional Probability: Indep...

Conditional Probability: Independent Events If the probability of an event is subject to a restriction on the sample space, the probability is said to be conditional. Co

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