Answer on Question #66355 – Math – Statistics and Probability
Question
Work out the Spearman’s rank correlation.
Solution
Since all the data in columns consists of distinct integers, we can compute Spearman’s rank correlation coefficient using the following formula:
where is the difference between two ranks (measure of order) of each observation, is number of observations. In our case ranks coincide with observations, so we’ll just sort data by Q.T. for clarity. Then we compute and .
Finally, we substitute obtained values into the formula:
**Answer**: .
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