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)

Calculus level 2, the first question should be done using the website given...

the first question should be done using the website given (www.desmos.com/calculator )and another good example to explain using the graph ( https://www.desmos.com/calculator/ydimzr

Roman numerals, how to determine roman numerals to digits specially when it...

how to determine roman numerals to digits specially when it hundred thousands

About algebra, how do i compute an algebra number

how do i compute an algebra number

Differntial equation, Verify Liouville''''s formula for y "-y" - y'''' + y ...

Verify Liouville''''s formula for y "-y" - y'''' + y = 0 in (0, 1) ?

Discount, outdoor grill- regular price:$360 discount:33 1/3%

outdoor grill- regular price:$360 discount:33 1/3%

Solve the form ax2 - bx - c factoring polynomials, Solve the form ax 2 - b...

Solve the form ax 2 - bx - c factoring polynomials ? This tutorial will help you factor quadratics that look something like this: 2x 2 -3x - 14 (Leading coefficient is

Linear Equations, Tommy has a Nexus 4 that charges poorly. He placed his ph...

Tommy has a Nexus 4 that charges poorly. He placed his phone to charge,after 20 minutes the phone was 27% and after 85 minutes the phone was at 66%. Find how many percentage the p

Unionz, Need a problem solved

Need a problem solved

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