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Calculation of Ranks Correlation
Where Ranks are Given: When the actual ranks are given the steps followed are:
a.Compute the difference of the two ranks (R1 and R2) and denote by D.
b.Square the D and get D2.
c.Substitute the figures in the formula.
Operation research makes no allowance for intangible factors such as skill attitude vigor of the management people in taking decisions but in many instances success or fail
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NWCR
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