Three people, P, Q, and R, were asked to place in preference nine features of a house
Question:
Three people, P, Q, and R, were asked to place in preference nine features of a house (A, B, C ... I). Calculate Spearman’s rank order correlation coefficients between the pairs of preferences, as shown Table 8.9.
How far does this help to decide which pair from the three would be most likely to be able to compromise on a suitable house?
Transcribed Image Text:
0 O R Table 8.9 A 1 1 1 B 2 4 9 U 4 in 5 6 D 8 8 00 8 E 9 7 7 F 7 9 4 LL G 9 2 2 H 3 3 3 1 5 6 5
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
To calculate the Spearmans rank order correlation coefficient between the pairs of preferences we ne...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
A small, 2-ha, mostly impervious urban catchment has an average slope of 1.5% and the following average. Horton infiltration parameters: f0 = 4 mm/hr, fc = 1 mm/hr, k = 2.2 hr-1. (Infiltration occurs...
-
R. J. Winter Co. recently issued $100,000, 10-year deferred interest bonds. The bonds have a stated rate of 10%, and interest is to be paid in 10 semiannual payments beginning in Year 6. The market...
-
Draw Venn diagrams to show the relationships between these sets of numbers. a. Real numbers and complex numbers b. Rational numbers and irrational numbers c. Imaginary numbers and complex numbers d....
-
Which of the following was not a major goal when the EDP Auditors Foundation established the CISA examination? a. Providing a basis for a disciplinary mechanism within the information systems audit...
-
At the beginning of the year, Wongs Martial Arts Centre bought three used fitness machines from Hangar Inc. for a total cash price of $ 38,000. Transportation costs on the machines were $ 2,000. The...
-
article location Draw an illustration of the Snapper supply chain (all the way through to the consumer), labeling each of the stages in the process and the companies/customers involved...
-
Reconsider the data set in Example 8.6 and assess the significance of r s . Data from Example 8.6. You are asked to decide whether the statistics rank correlates with the mathematics rank for seven...
-
You are asked to decide whether the statistics rank correlates with the mathematics rank for seven students provided in Table 8.2. As the information is ranked we use Spearmans correlation...
-
If Premier Corp. has an ROE of 14.1 percent and a payout ratio of 25 percent, what is its sustainable growth rate?
-
1. If a jet engine is moving 655 lbs. of air per second and the air enters the engine at 181 ft. per sec. and leaves at 2005 ft. per sec., how many pounds of thrust (force) is it producing?...
-
An aluminum cup contains 235 g of water and a 43-g copper stirrer, all at 29C. A 409-g sample of silver at an initial temperature of 89C is placed in the water. The stirrer is used to stir the...
-
" "Your company will generate $470,000 in taxable income for 2020. Assume that your state tax rate is 7% and your federal tax rate is 21%. How much federal tax do you owe?"
-
Concord Hotels is a publicly traded hospitality company, owning hotels in the United States and Canada. It has 80 million shares trading at $25/share and $500 million in debt outstanding (book and...
-
In the following experiment, the acceleration of the downward pull was changed. In the first experiment (a), the acceleration was roughly 0.5 m/s for about 30 seconds. In the second experiment (b),...
-
Each of the following independent events requires a year-end adjusting entry. Show how each event and its related adjusting entry affect the accounting equation. Assume a December 31 closing date....
-
Funds are separate fiscal and accounting entities, each with its own self-balancing set of accounts. The newly established Society for Ethical Teachings maintains two funds-a general fund for...
-
A company expects to install smog control equipment on the exhaust of a gasoline engine. The local smog control district has agreed to pay to the firm a lump sum of money to provide for the first...
-
A debt of $5000 can be repaid, with interest at 8%, by the following payments. Year Payment 1 $ 500 2 1000 3 1500 4 2000 5 X The payment at the end of the fifth year is shown as X. How much is X?
-
A man is purchasing a small garden tractor. There will be no maintenance cost during the first 2 years because the tractor is sold with 2 years free maintenance. For the third year, the maintenance...
-
The consideration that determines the optimal size of the firm's investment in current assets is the different costs that are involved in the different short-term financing policies. The considerable...
-
What is a Counter Market? A . Market in which participants trade directly between two parties. B . Strategies in the stock market or futures market in which the time duration between entry and exit...
-
eBook Eleven years ago, Elite Elements issued a 1 5 - year bond with a $ 1 , 0 0 0 face value and a 4 percent coupon rate of interest ( paid semiannually ) . If investors require a return equal to 8...
Study smarter with the SolutionInn App