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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.
3/4=x/23.
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Conditional Probability: Independent Events If the probability of an event is subject to a restriction on the sample space, the probability is said to be conditional. Co
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