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

Example of quadratic polynomial, Factor following.                    x ...

Factor following.                    x 2 - 20 x + 100 Solution In this case we've got three terms & it's a quadratic polynomial.  Notice down as well that the constant

Evaluate inverse tangents , Evaluate following limits. Solution ...

Evaluate following limits. Solution Here the first two parts are actually just the basic limits including inverse tangents and can easily be found by verifying the fol

Simple interest, find the simple interest on Rs. 68,000 at 50/3 per annum f...

find the simple interest on Rs. 68,000 at 50/3 per annum for 9 month

Calculate what number of workers should be hired, You are given the followi...

You are given the following information about the amount your company can produce per day given the number of workers it hires. Numbers of Workers Quanti

Formulas for the volume of this solid, Formulas for the volume of this soli...

Formulas for the volume of this solid V = ∫ b a A ( x) dx          V = ∫ d c A ( y ) dy where, A ( x ) & A ( y ) is the cross-sectional area of the solid. There are seve

Some general facts about lines, First, larger the number (ignoring any minu...

First, larger the number (ignoring any minus signs) the steeper the line.  Thus, we can use the slope to tell us something regarding just how steep a line is. Next, if the slope

Explain comparing fractions with example, Explain Comparing Fractions with ...

Explain Comparing Fractions with example? If fractions are not equivalent, how do you figure out which one is larger? Comparing fractions involves finding the least common

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