In Section 10.2.6, the estimated Spearman correlation coefficient between growth potential (GROW) and export intensity (EXP18) was

Question:

In Section 10.2.6, the estimated Spearman correlation coefficient between growth potential (GROW) and export intensity (EXP18) was statistically insignificant.

a. Calculate the change in export intensity (ΔEXP) between 2018 and 2019 (i.e. EXP19 – EXP18).

b. Derive the Spearman correlation coefficient between GROW and

ΔEXP.

c. Produce a scatter plot of the values ofGROW and ΔEXP.

d. What do you conclude?

AppendixLO1

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Research Methods In Business Studies

ISBN: 9781108486743

5th Edition

Authors: Pervez Ghauri, Kjell Grønhaug, Roger Strange

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