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)

2(sin 6+cos6) - 3(sin4+cos4)+1 = 0, 2(sin 6 ?+cos 6 ?) - 3(sin 4 ?+cos 4 ?...

2(sin 6 ?+cos 6 ?) - 3(sin 4 ?+cos 4 ?)+1 = 0 Ans:    (Sin 2 ?)3  + (Cos 2 ?)3-3 (Sin 4 ?+(Cos 4 ?)+1=0 Consider (Sin 2 ?)3  +(Cos 2 ?)3 ⇒(Sin 2 ?+Cos 2 ?)3-3 Sin 2 ?Co

The new area is 168 square inches how many inches increase, A 4-inch by 6-i...

A 4-inch by 6-inch photograph is going to be enlarged through increasing each side by the similar amount. The new area is 168 square inches. How many inches is each dimension incre

Calc, How to find a function

How to find a function

Velocity of a particle, A particle moves along a straight line so that afte...

A particle moves along a straight line so that after t secs its distance from fixed point O on the line is given by s=(t-1)^2(t-2).find the distance from O when the velocity is zer

Math help, What fraction of the full price will you pay for 2 shirts? 3 4 ...

What fraction of the full price will you pay for 2 shirts? 3 4 11 2 $45.001 2 .

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

Area in polar cordinates, find the area of the region within the cardioid r...

find the area of the region within the cardioid r=1-cos

Quantitative, A lobster catcher spends $12 500 per month to maintain a lobs...

A lobster catcher spends $12 500 per month to maintain a lobster boat. He plans to catch an average of 20 days per month during lobster season. For each day, he must allow approx

Slopes downward from left to right has a positive slope, Can you explain th...

Can you explain that it is true that a line that slopes downward from left to right has a positive slope?

Show that the function f is one-one but not onto, Consider the function f: ...

Consider the function f: N → N, where N is the set of natural numbers, defined by f(n) = n 2 +n+1. Show that the function f is one-one but not onto. Ans: To prove that f is one

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