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. While computing rank correlation coefficient between profits and investment for 10 years of a firm, the difference in rank for a year was taken as 7 instead of 5 by mistake and the value of rank correlation coefficient was computed as 0.80. What would be the correct value of rank correlation coefficient after rectifying the mistake? A) 0.33 B) 0.95 C) 0.65 D) 0.71? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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. While computing rank correlation coefficient between profits and investment for 10 years of a firm, the difference in rank for a year was taken as 7 instead of 5 by mistake and the value of rank correlation coefficient was computed as 0.80. What would be the correct value of rank correlation coefficient after rectifying the mistake? A) 0.33 B) 0.95 C) 0.65 D) 0.71?, a detailed solution for . While computing rank correlation coefficient between profits and investment for 10 years of a firm, the difference in rank for a year was taken as 7 instead of 5 by mistake and the value of rank correlation coefficient was computed as 0.80. What would be the correct value of rank correlation coefficient after rectifying the mistake? A) 0.33 B) 0.95 C) 0.65 D) 0.71? has been provided alongside types of . While computing rank correlation coefficient between profits and investment for 10 years of a firm, the difference in rank for a year was taken as 7 instead of 5 by mistake and the value of rank correlation coefficient was computed as 0.80. What would be the correct value of rank correlation coefficient after rectifying the mistake? A) 0.33 B) 0.95 C) 0.65 D) 0.71? theory, EduRev gives you an
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