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

Percentage, By selling a violin for $4950, giving a 10% discount on the mar...

By selling a violin for $4950, giving a 10% discount on the marked price, a trader gained $950 on his investment, Find, Cost price.

Positive skewness-measure of central tendency, Positive Skewness - It ...

Positive Skewness - It is the tendency of a described frequency curve leaning towards the left. In a positively skewed distribution, the long tail extended to the right. In

Define number line, Q. Define Number Line? Ans. A number line is a...

Q. Define Number Line? Ans. A number line is a nice way to visualize and examine the ordering of the positive and negative numbers. Every positive and negative number that

Decision trees and bayes theory, Decision Trees And Bayes Theory This m...

Decision Trees And Bayes Theory This makes an application of Bayes' Theorem to resolve typical decision problems. It is examined a lot so it is significant to clearly understan

What does required to earn on his further science test in 93, Justin earned...

Justin earned scores of 85, 92, and 95 on his science tests. What does he required to earn on his further science test to have an average (arithmetic mean) of 93%? To earn an a

Relationship between the graph and inverse function, Interesting relationsh...

Interesting relationship between the graph of a function and the graph of its inverse : There is one last topic that we have to address quickly before we leave this section.  Ther

Classification-developing pre-number concepts, Classification :  As you kn...

Classification :  As you know, classification (also called grouping) involves putting together things that have some characteristic in common. We can say that a child is able to c

Factoring polynomials, Factoring polynomials is probably the most important...

Factoring polynomials is probably the most important topic. We already learn factor of polynomial .If you can't factor the polynomial then you won't be able to even start the probl

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