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

Luis runs rate of 11.7 feet per second how far does he run, Luis runs at a ...

Luis runs at a rate of 11.7 feet per second. How far does he run in 5 seconds? You must multiply 11.7 by 5; 11.7 × 5 = 58.5. To multiply decimals, multiply generally, then coun

Rational, how can you identify if a certain number is rational or irrationa...

how can you identify if a certain number is rational or irrational?

Vectors, |a.x|=1 where x = i-2j+2k then calculate a

|a.x|=1 where x = i-2j+2k then calculate a

Linear equation in two variables, 47x+33y=143

47x+33y=143

What is the total number of pounds they bought if the total, The student co...

The student council bought two various kinds of candy for the school fair. They purchased 40 pounds of candy at $2.15 per pound and x pounds at $1.90 per pound. What is the total n

Converting., I need help converting my project fractions into 1

I need help converting my project fractions into 1

Profit maximization, a medical clinic performs three types of medical tests...

a medical clinic performs three types of medical tests that use the same machines. Tests A, B,and C take 15 minutes, 30 minutes and 1 hours respectively, with respective profits of

Compound interest, some experts estimate that the cost of education in the ...

some experts estimate that the cost of education in the US increases by 6% p.a. An Ivy League college currently costs $24,502 for one year''s study today. Using compound interest r

Fractions, 2/3 - 7/12

2/3 - 7/12

#Famous Numbers Exercise, Euler''s Constant (e) Approximate the number to t...

Euler''s Constant (e) Approximate the number to the one hundredth, one ten-thousandths, and one one-hundred-millionth.

Write Your Message!

Name

Email id

Message

Verfication Code

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!

Submit Assignment

User Account

All Pages