EBK STATISTICAL TECHNIQUES IN BUSINESS
EBK STATISTICAL TECHNIQUES IN BUSINESS
17th Edition
ISBN: 9781259924163
Author: Lind
Publisher: MCGRAW HILL BOOK COMPANY
bartleby

Concept explainers

bartleby

Videos

Question
Book Icon
Chapter 16, Problem 25E

a.

To determine

Construct a scatter plot.

a.

Expert Solution
Check Mark

Explanation of Solution

The scatter plot for male and female rankings is given below:

Step-by-step procedure to obtain scatter plot using EXCEL:

  • Open an EXCEL file.
  • In column A, enter the column of Male ranking, in column B enter the column of Female ranking.
  • Select the data that is to be displayed.
  • Click on Insert > select Scatter icon.
  • Click on the chart > select Layout from the Chart Tools.
  • Select Chart Title > Above Chart.
  • Enter Scatter plot for Male ranking Vs. Female ranking in the dialog box.
  • Select Axis Title > Primary Horizontal Axis Title > Title Below Axis.
  • Enter Male ranking in the dialog box.
  • Select Axis Title > Primary Vertical Axis Title > Rotated Title.
  • Enter Female ranking in the dialog box.

Output obtained using EXCEL is given below:

EBK STATISTICAL TECHNIQUES IN BUSINESS, Chapter 16, Problem 25E

b.

To determine

Obtain the coefficient of rank correlation between male and female rankings.

b.

Expert Solution
Check Mark

Answer to Problem 25E

The coefficient of rank correlation between male and female rankings is 0.468.

Explanation of Solution

Spearman’s coefficient of rank correlation:

rs=16d2n(n21)

Where, d is the difference between ranks of each pair.

n is the number of paired observations.

The table represents the difference between ranks of each pair:

(1)

Program

(2)

Male ranking

(3)

Female ranking

(4)

Rank 1

(5)

Rank 2

(6)

Difference,

d={(3)(4)}

(7)

d2

145451(=45)1
264642(=64)4
378781(=78)1
427275(=27)25
5121112111(=1211)1
686862(=86)4
753532(=53)4
839396(=39)36
913213211(=132)121
10141014104(=1410)16
1111110(=11)0
129139134(=913)16
13101210122(=1012)4
14111411143(=1114)9
      d2=242

In this context, the number of paired observation, n is 14.

The Spearman’s coefficient of rank correlation obtained as given below:

Substitute the corresponding values to get the rank correlation.

rs=16(242)14(1421)=11,4522,730=10.532=0.468

Thus, the Spearman’s coefficient of rank correlation is 0.468.

The rank correlation value of 0.468 reveals that there is slight positive correlation between male and female rankings.

c.

To determine

State whether it can be concluded that there is a positive association between male and female rankings.

c.

Expert Solution
Check Mark

Answer to Problem 25E

The conclusion is that, there is no evidence that there is a positive association between male and female rankings.

Explanation of Solution

The test hypothesis is given as follows:

Null hypothesis:

H0: The rank correlation in the population is zero.

Alternative hypothesis:

H1: There is a positive association between male and female rankings.

In this context, the number of paired observations is 14.

If the sample size is greater than 10, then the sampling distribution of rs follows the t distribution with n−2 df.

Hypothesis test for rank correlation:

t=rsn21rs2

Degrees of freedom:

n2=142=12

Decision rule:

  • If t>t0.05, reject the null hypothesis.
  • Otherwise fail to reject the null hypothesis.

In this context, the critical value t0.05(tα) for right-tailed test is obtained as 1.782 using the EXCEL formula, “=T.INV (0.95,12)”.

From Part (a), the rank correlation, rs is 0.468.

The test statistic will be obtained as given below:

Substitute rs as 0.468, n as 14.

t=0.4681421(0.468)2=0.468120.781=0.468(3.92)=1.834

Conclusion:

Here, the test statistic is greater than the critical value.

Therefore, by the decision rule, reject the null hypothesis.

Therefore, there is evidence to support the claim that there is a positive association between male and female rankings.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Chapter 16 Solutions

EBK STATISTICAL TECHNIQUES IN BUSINESS

Knowledge Booster
Background pattern image
Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Text book image
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Text book image
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
The Shape of Data: Distributions: Crash Course Statistics #7; Author: CrashCourse;https://www.youtube.com/watch?v=bPFNxD3Yg6U;License: Standard YouTube License, CC-BY
Shape, Center, and Spread - Module 20.2 (Part 1); Author: Mrmathblog;https://www.youtube.com/watch?v=COaid7O_Gag;License: Standard YouTube License, CC-BY
Shape, Center and Spread; Author: Emily Murdock;https://www.youtube.com/watch?v=_YyW0DSCzpM;License: Standard Youtube License