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

What is the area of the square in simplified form, If the side of a square ...

If the side of a square can be expressed as a2b 3 , what is the area of the square in simplified form? Since the formula for the area of a square is A = s 2 , then by substitut

Computerised payroll package, How to calculate costs if you have a computer...

How to calculate costs if you have a computerised payroll package for your large business?

How to add fractions involving negative numbers, Q. How to add fractions In...

Q. How to add fractions Involving Negative Numbers? Ans. Adding fractions involving negative numbers, and subtracting them, are only slightly different. But, I'll write do

Statistics, explain the characteristics of statistics

explain the characteristics of statistics

Xy Algebra, Find the values of x and y

Find the values of x and y

Evaluate the area of the region, Evaluate the area of the region. a...

Evaluate the area of the region. a. 478 units 2 b. 578 units 2 c. 528 units 2 d. 428 units 2   b. Refer to the diagram to evaluate the area of the shaded

How many cubic feet of steel is require to construct, A spherical holding t...

A spherical holding tank whose radius to the outer surface is 10 feet is constructed of steel 1 inch thick. How many cubic feet of steel is require to construct the holding tank? R

The arithmetic mean, Arithmetic mean Arithmetic means is commonly know...

Arithmetic mean Arithmetic means is commonly known as average or mean it is acquired by first of all summing up the values provided and by dividing the total value by the tota

Geometry, What is the better buy?a square pizza measuring 8 inches by 8inch...

What is the better buy?a square pizza measuring 8 inches by 8inches that cost $10 or a round pizza with a 9 inch diameter that also cost $10?

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