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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 - Business Mathematics and Statistics

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प्रश्न

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.

बेरीज
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उत्तर

X Y RX RY d = RX − RY d2
300 273 7 8 − 1 1
450 486 5 4 1 1
800 734 2 2 0 0
250 297 8 7 1 1
500 631 3 3 0 0
975 872 1 1 0 0
475 396 4 6 − 2 4
400 457 6 5 1 1
          ∑d2 = 8

N = 8, Σd2 = 8

Rank correlation (ρ) = `1 - (6sum"d"^2)/("N"("N"^2 - 1))`

= `1 - (6 xx 8)/(8(64 - 1))`

= `1 - 6/63`

= 0.905

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 9: Correlation and Regression Analysis - Exercise 9.1 [पृष्ठ २१८]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 11 TN Board
पाठ 9 Correlation and Regression Analysis
Exercise 9.1 | Q 9 | पृष्ठ २१८

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