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

Ratio, number of consonants to the number of letters in the English Alphabe...

number of consonants to the number of letters in the English Alphabet express answer in ratio

What is the average of his four quiz grades, Andy earned the subsequent gra...

Andy earned the subsequent grades on his four math quizzes: 97, 78, 84, and 86. What is the average of his four quiz grades? To ?nd out the average, you must add the items (97

Current and conductors, GIVE ME EXAMPLES

GIVE ME EXAMPLES

The fisher’s index, The Fisher's index The index of Fisher acts as a c...

The Fisher's index The index of Fisher acts as a compromise between Paasche' index and Laspeyre's index. This is calculated as a geometric mean of the two indexes.

Set, What is the definition of Set?

What is the definition of Set?

Coefficient of correlation denoted, Coefficient of Correlation Denoted ...

Coefficient of Correlation Denoted There are two methods which measure the degree of correlation among two variables these are denoted by R and r. (a) Coefficient of correl

Square and square root., the value of square root of 200multiplied by squar...

the value of square root of 200multiplied by square root of 5=

Math 533, Project part A, part B, part C

Project part A, part B, part C

Expect mean, Your factory has a machine for drilling holes in a sheet metal...

Your factory has a machine for drilling holes in a sheet metal part. The mean diameter of the hole is 10mm with a standard deviation of 0.1mm. What is the probability that any

Trignometry, how can i easily solve the trignometry question?

how can i easily solve the trignometry question?

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