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Compute the spearman rank correlation coefficient

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Reference no: EM131710124

Question: An article in Money looks at the relationship between people's investments in large-cap stocks and international stocks.17 Suppose that the following data are available for a random sample of families, the percentage of the portfolio invested in large-cap stocks, and the percentage invested in international stocks:

Large-cap (%):         25         28           15           17            30            22           12            13            20

International (%):      30        32            23           25            40           29            17            21            32

Compute the Spearman rank correlation coefficient and test for the existence of a population correlation.

Reference no: EM131710124

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