The following data are the ranks for values of the two variables, x and y. Compute a
Question:
The following data are the ranks for values of the two variables, x and y.
Compute a Spearman's rank correlation to determine the degree of relation between the twovariables.
Transcribed Image Text:
! 2 3114 x-31296 y-687095 458107
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (15 reviews)
x y d d 2 4 6 2 4 5 8 3 9 8 7 1 1 11 10 1 1 10 9 1 1 7 5 2 4 3 2 1 1 1 3 2 4 2 1 1 1 ...View the full answer
Answered By
Jehal Shah
I believe everyone should try to be strong at logic and have good reading habit. Because If you possess these two skills, no matter what difficult situation is, you will definitely find a perfect solution out of it. While logical ability gives you to understand complex problems and concepts quite easily, reading habit gives you an open mind and holistic approach to see much bigger picture.
So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
Last but not the least, I am finance enthusiast. Big fan of Warren buffet for long term focus investing approach. On the same side derivatives is the segment I possess expertise.
If you have any finacne related doubt, do reach me out.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
Question Posted:
Students also viewed these Statistics questions
-
Compute a Spearmans rank correlation to determine the degree of association between the two variables. Variable 1 . Variable 2 101 .. 87 129 .. 89 133 .. 84 147 .. 79 156 .. 70 179 .. 64 183 .. 67...
-
Two variables x and y have a positive association if large values of .r am associated with large values of y. Write an equivalent definition that describes what small values of x are associated with....
-
For correlated random variables X and Y it is natural to ask for the expected value for X given Y . For example, Galton calculated the expected value of the height of a son given the height of the...
-
In Exercises use the Trapezoidal Rule and Simpson's Rule to approximate the value of the definite integral for the given value of n. Round your answer to four decimal places and compare the results...
-
If ???? i : X Y i , i = 1, 2, , n, is a collection of increasing correspondences with common domain X, their product ????: X Yi defined by is also increasing. p(x) = II(x)
-
Raptor Capital is a hedge fund holding $5 billion in assets under management (AUM) and charging the classic 2 x 20 fee structure from investors: 2% of assets under management and 20% of profits. In...
-
Multiple Comparisons of Means 557
-
The following is an alphabetical list of the December 31, 2007 balance sheet accounts and amounts for the Green Manufacturing Company: Required Prepare a properly classified balance sheet for the...
-
! Required information [The following information applies to the questions displayed below.) Astro Co. sold 20,700 units of its only product and incurred a $83,778 loss (ignoring taxes) for the...
-
How do you calculate the percentage of change in sales from 20X8 to 20X9? This will go in cell D7? Show the formula. Kretsmart Common-Size Income Statements For the Years Ended December 31, 20'X'9,...
-
Compute a Spearmans rank correlation for the following variables to determine the degree of association between the two variables. x y 23 .......201 41 .......259 37 .......234 29 .......240 25...
-
Compute a Spearman's rank correlation for the followingdata. 80 57 49 91 124 162 145 102 108 139 67 82 46 168
-
Why does evaluating the effectiveness of a Web site pose a problem for online entrepreneurs?
-
(a)The local police station found that the speed of vehicles travelling around the suburb in the 60 km/hour zone varies uniformly between 55 km/hour and 62 km/hour. What is the probability that the...
-
Consider the following fixed-point iteration: xn+1 = g(xn), where [f(x)] 2 g(x) = x (x + f(x)) f(x)* (a) What is the order of convergence for the method? (e.g. what is p?). Hint: Show that the method...
-
Problem 1. In a study of infant birth weight and maternal factors, the newborn babies were categorized as being either small size for gestational age (N=201) or normal size (N=2089). The following...
-
Max 1 page allowed] Consider a DRAM chip of capacity 256 KB and each memory location contains 8 bits. The memory chip is organized in matrix form with equal number of rows and column for each memory...
-
find the dimensions of a notman window of perimeter 3 9 ft that will admit the greatest possible amount of light. Round answer to two decimal places
-
If the share price of a corporations stock declines, does this mean that the management of the company is not maximizing shareholder wealth? If the share price of a corporations stock increases, does...
-
Write each fraction as a percent. 7 50
-
How does the international mobility of citizens and multinational firms improve government?
-
A marketing research firm wishes to estimate the proportion of adults who are planning to buy a new car in the next 6 months. A simple random sample of 100 adults led to 22 who were planning to buy a...
-
An article in a trade journal reports that nationwide 28% of liquor purchases are made by women. If B & B Liquors proportion of sales to women is significantly different from the national norm, the...
-
The Action Paper Company employs a human resources manager who is given responsibility for employee benefits. There is a question about the mean annual dental expense per employee. The manager...
-
How do warehouses and distribution centers differ? What is cross-docking and why might a company choose to cross-dock a product? What kinds of products can be delivered electronically? What kinds...
-
Strawberry Inc. has historically been an all-equity firm. The analyst expects EBIT to be $1.5B in perpetuity starting one year from now. The cost of equity for the company is 11.5% and the tax rate...
-
Guzman company received a 60- day, 5 % note for 54,000 dated July 12 from a customer on account. Determine the due date on note. Determine the maturity value of the note and journalize the entry of...
Study smarter with the SolutionInn App