MCQs > Engineering & Manufacturing > Data Analytics > While calculating rank correlation coeff‌icient between sales and expenditure for a time period of12 years. the difference in rank for a year was mistakenly taken as 9 instead of 7 and as a result, the value Of rank correlation coefficient was calculated as 0.79. If the mistake is rectified, then what will be the approximate correct value of rank correlation coeff‌icient?

Data Analytics MCQs

While calculating rank correlation coeff‌icient between sales and expenditure for a time period of12 years. the difference in rank for a year was mistakenly taken as 9 instead of 7 and as a result, the value Of rank correlation coefficient was calculated as 0.79. If the mistake is rectified, then what will be the approximate correct value of rank correlation coeff‌icient?

Answer

Correct Answer: 0.90

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Data Analytics Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it

More Data Analytics MCQ Questions

search

Data Analytics Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it