The rank correlation coefficient (r), Mathematics

Assignment Help:

The Rank Correlation Coefficient (R)

Also identified as the spearman rank correlation coefficient, its reasons is to establish whether there is any form of association among two variables where the variables arranged in a ranked form.

R = 1 – {(6Σd2)/(n(n2 -1))}

 

Whereas d = difference among the pairs of ranked values.

                  n = numbers of pairs of rankings

Illustration

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:- The rank correlation coefficient (r)

What is the distance this car will travel in (3x - 8) hours, A car travels ...

A car travels at a rate of (4x2 - 2). What is the distance this car will travel in (3x - 8) hours? Use the formula distance = rate × time. Through substitution, distance = (4x2

Gaussian elimination, Example1 :  Solve the subsequent system of equations....

Example1 :  Solve the subsequent system of equations. -2x 1 + x 2 - x 3 = 4 x 1 + 2x 2 + 3x 3   = 13 3x 1 + x 3 = -1 Solution The initial step is to write d

Find the length of the second diagonal, Find the length of the second diago...

Find the length of the second diagonal of a rhombus, whose side is 5cm and one of the diagonals is 6cm.

Trigonometry, explain the formular for finding trigonometry

explain the formular for finding trigonometry

Compute the probability of event, 1) Let the Sample Space S = {1, 2, 3, 4, ...

1) Let the Sample Space S = {1, 2, 3, 4, 5, 6, 7, 8}. Suppose each outcome is equally likely. Compute the probability of event E = "an even number is selected". P(E) = 2) A s

Divide 6.8 × 105 by 2.0 × 102 write your answer scientific, Divide 6.8 × 10...

Divide 6.8 × 10 5 by 2.0 × 10 2 . Write your answer in scientific notation? To divide numbers written in scienti?c notation and divide the ?rst numbers (6.8 ÷ 2.0 = 3.4); the

Find the total volume of the hay stack, The lower portion of a hay stack is...

The lower portion of a hay stack is an inverted cone frustum and the upper part is a cone find the total volume of the hay stack.

Aggregation and augmentation, Previously discussed how important it is to e...

Previously discussed how important it is to expose children to a variety of verbal problems involving the concept that they are trying to learn. Children attach meaning to the abst

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