B Com Exam  >  B Com Questions  >  Find the rank correlation coefficient from th... Start Learning for Free
Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15?
Most Upvoted Answer
Find the rank correlation coefficient from the following marks awarded...
Rank Correlation Coefficient in Statistics

Introduction:
Rank correlation coefficient is a statistical measure that determines the degree of similarity or dissimilarity between two sets of rankings. It is used to establish the degree of association between two variables or factors. The rank correlation coefficient ranges from -1 to +1, and the closer the value is to +1 or -1, the stronger the association.

Given Data:
R.Nos.: 1 2 3 4 5 6 7 8 9 10 11
Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11
Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21
Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15

Steps to Calculate Rank Correlation Coefficient:

Step 1: Assign ranks to the data in each set. For example:
Marks Awarded by Examiner A: 7 9 3 1 10 3 6 10 4 8 2
Marks Awarded by Examiner B: 11 10 2 6 4 6 1 3 2 1 5
Marks Awarded by Examiner C: 9 8 4 6 6 9 4 7 5 10 1

Step 2: Calculate the difference between the ranks in each set. For example:
Marks Awarded by Examiner A: 0 0 0 0 0 0 0 0 0 0 0
Marks Awarded by Examiner B: 0 0 -2 0 -6 0 10 7 14 10 0
Marks Awarded by Examiner C: 0 0 -1 0 0 0 -3 -1 -1 0 8

Step 3: Calculate the square of the differences in each set. For example:
Marks Awarded by Examiner A: 0 0 0 0 0 0 0 0 0 0 0
Marks Awarded by Examiner B: 0 0 4 0 36 0 100 49 196 100 0
Marks Awarded by Examiner C: 0 0 1 0 0 0 9 1 1 0 64

Step 4: Calculate the sum of the squares of the differences in each set. For example:
Marks Awarded by Examiner A: 0
Marks Awarded by Examiner B: 385
Marks Awarded by Examiner C: 76

Step 5: Calculate the rank correlation coefficient using the formula:
r = 1 - (6 * sum of squares of differences) / (n * (n^2 - 1))
where n is the number of rankings.

Applying the formula, we get:
r = 1 - (6 * 76) / (11 * (11^2 - 1))
r = 1 - (456 / 1210)
r = 0.623

Conclusion:
Therefore, the rank correlation coefficient between the marks awarded by Examiner A, B, and C is 0.623,
Community Answer
Find the rank correlation coefficient from the following marks awarded...
What the answer of this question?
Explore Courses for B Com exam
Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15?
Question Description
Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15?.
Solutions for Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15? defined & explained in the simplest way possible. Besides giving the explanation of Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15?, a detailed solution for Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15? has been provided alongside types of Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15? theory, EduRev gives you an ample number of questions to practice Find the rank correlation coefficient from the following marks awarded by the examiners in statistics: R.Nos.: 1 2 3 4 5 6 7 8 9 10 11 Marks Awarded by Examiner A: 24 29 19 14 30 19 27 30 20 28 11 Marks Awarded by Examiner B: 37 35 16 26 23 27 19 20 16 11 21 Marks Awarded by Examiner C: 30 28 20 25 25 30 20 24 22 29 15? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev