Perform rank correlation analysis on the following data set: x y -5 1 -3.65 0.9 -2.15 0.1 -0.75 -0.8 0.7 1.6 2.1 1.7 3.5 0.5 5.1 -1.9 What is the rank correlation coefficient? (Round to three decimal...


Perform rank correlation analysis on the following data set:












































xy
-51
-3.650.9
-2.150.1
-0.75-0.8
0.71.6
2.11.7
3.50.5
5.1-1.9


What is the rank correlation coefficient?  (Round to three decimal places.)


What is the critical rho value at a 0.01 significance?


Do we have correlation?




  • No, the rank correlation coefficient is larger (in absolute value) than the critical rho value.

  • No, the rank correlation coefficient is smaller (in absolute value) than the critical rho value.

  • Yes, the rank correlation coefficient is smaller (in absolute value) than the critical rho value.

  • Yes, the rank correlation coefficient is larger (in absolute value) than the critical rho value.




Jun 10, 2022
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