Determine rank correlation coefficient, Mathematics

Assignment Help:

Determine Rank Correlation Coefficient

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:- Determine rank correlation coefficient

Fenrir chain, Fenrir the wolf is bound by a magical chain. The chain is an ...

Fenrir the wolf is bound by a magical chain. The chain is an endless piece madr up of 30 links.Originally forged by 6 pieces , each made up of 5 links. It costs 2 silver coins to c

Mealy and Moore Machine, Distinguish between Mealy and Moore Machine? Const...

Distinguish between Mealy and Moore Machine? Construct a Mealy machine that can output EVEN or ODD According to the total no. of 1''s encountered is even or odd.on..

Prove that prims algorithm produces a minimum spanning tree, Prove that Pri...

Prove that Prim's algorithm produces a minimum spanning tree of a connected weighted graph. Ans: Suppose G be a connected, weighted graph. At each iteration of Prim's algorithm

Think smarter, compare: 643,251; 633,512; and 633,893. the answer is 633,51...

compare: 643,251; 633,512; and 633,893. the answer is 633,512. what is the question?

Mean deviation, is that formula of sample and population for mean deviation...

is that formula of sample and population for mean deviation is the same?

Sets, A survey of 400 of recently qualified chartered Accountant revealed t...

A survey of 400 of recently qualified chartered Accountant revealed that 112 joined industry, 120 stated practice & 160 joined the firms of practicing chartered accountants as paid

How long will it take her to save $350, Each week Jaime saves $25. How long...

Each week Jaime saves $25. How long will it take her to save $350? Divide $350 by $25; 350 ÷ 25 = 14 weeks.

Application of statistics-economic order quantities (eoq), economic order q...

economic order quantities (EOQ) Statistics may be utilized in ordering or making economic order quantities as EOQ. It is significant for a business manager to understand that

Consumer behavior, explain big 5 ppersonality model, suggest thier target m...

explain big 5 ppersonality model, suggest thier target market and one marketing strategiy for each .

How many dollars did they raise the first two days, The freshman class is p...

The freshman class is participating in a fundraiser. Their target is to raise $5,000. After the first two days of the fundraiser, they have raised 32 percent of their goal. How man

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