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Shaalaa.com | Rank Correlation Coefficient problem-1
Related QuestionsVIEW ALL [17]
Draw scatter diagram for the following data and identify the type of correlation.
| capital (₹ in crore) | 2 | 3 | 4 | 5 | 6 | 8 | 9 |
| Profit (₹ in lakh) | 6 | 5 | 7 | 7 | 8 | 12 | 11 |
An examination of 11 applicants for a accountant post was taken by a finance company. The marks obtained by the applicants in the reasoning and aptitude tests are given below.
| Applicant | A | B | C | D | E | F | G | H | I | J | K |
| Reasoning test | 20 | 50 | 28 | 25 | 70 | 90 | 76 | 45 | 30 | 19 | 26 |
| Aptitude test | 30 | 60 | 50 | 40 | 85 | 90 | 56 | 82 | 42 | 31 | 49 |
Calculate Spearman’s rank correlation coefficient from the data given above.
A random sample of recent repair jobs was selected and estimated cost and actual cost were recorded.
| Estimated cost | 300 | 450 | 800 | 250 | 500 | 975 | 475 | 400 |
| Actual cost | 273 | 486 | 734 | 297 | 631 | 872 | 396 | 457 |
Calculate the value of spearman’s correlation coefficient.
