Perform rank correlation analysis on the following data set: x y -3 -0.7 -1.85 -0.5 -0.65 -0.4 0.25 0.5 1.15 1.2 2.35 0.4 3.4 -1 What is the rank correlation coefficient? (Round to three decimal places.) What is the critical rho value at a 0.05 significance? Do we have correlation? Yes, the rank correlation coefficient is larger (in absolute value) than the critical rho value. Yes, the rank correlation coefficient is smaller (in absolute value) than the critical rho value. No, the rank correlation coefficient is smaller (in absolute value) than the critical rho value. No, the rank correlation coefficient is larger (in absolute value) than the critical rho value.
Perform rank correlation analysis on the following data set: x y -3 -0.7 -1.85 -0.5 -0.65 -0.4 0.25 0.5 1.15 1.2 2.35 0.4 3.4 -1 What is the rank correlation coefficient? (Round to three decimal places.) What is the critical rho value at a 0.05 significance? Do we have correlation? Yes, the rank correlation coefficient is larger (in absolute value) than the critical rho value. Yes, the rank correlation coefficient is smaller (in absolute value) than the critical rho value. No, the rank correlation coefficient is smaller (in absolute value) than the critical rho value. No, the rank correlation coefficient is larger (in absolute value) than the critical rho value.
Chapter4: Linear Functions
Section: Chapter Questions
Problem 30PT: For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or...
Related questions
Question
Perform rank
x | y |
---|---|
-3 | -0.7 |
-1.85 | -0.5 |
-0.65 | -0.4 |
0.25 | 0.5 |
1.15 | 1.2 |
2.35 | 0.4 |
3.4 | -1 |
What is the rank
What is the critical rho value at a 0.05 significance?
Do we have correlation?
- Yes, the rank correlation coefficient is larger (in absolute value) than the critical rho value.
- Yes, the rank correlation coefficient is smaller (in absolute value) than the critical rho value.
- No, the rank correlation coefficient is smaller (in absolute value) than the critical rho value.
- No, the rank correlation coefficient is larger (in absolute value) than the critical rho value.
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