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Rank Correlation Coefficient
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 - {(6∑d2)/(n(n2 -1))}
Whereas d = difference among the pairs of ranked values.
n = numbers of pairs of rankings.
Properties of Vector Arithmetic If v, w and u are vectors (each with the same number of components) and a and b are two numbers then we have then following properties. v →
a business is owned by three people.the first owns 1/12 of the business and the second owns 1/6 of the business. what fractional part of the business is owned by the third person
Decision making under uncertainty Various methods are used to make decision in circumstances whereas only the pay offs are identified and the likelihood of every state of natur
Download the data on Gas Mileage. This is a sample of 81 passenger cars with information about gas consumption and other technical details. a. Estimate the following
3x+2y=6 x-y=7
Draw a graph which has slope of a line with rise of five and run of two is positive.
What is the better buy?a square pizza measuring 8 inches by 8inches that cost $10 or a round pizza with a 9 inch diameter that also cost $10?
If e were rational, then e = n/m for some positive integers m, n. So then 1/e = m/n. But the series expansion for 1/e is 1/e = 1 - 1/1! + 1/2! - 1/3! + ... Call the first n v
what is break even point and how can it helps managers to make decisions?
Computation of Covariance Ungrouped Data For a population consisting of paired ungrouped data points {X, Y} where,
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