Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
Question
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Chapter 16, Problem 21E

(a)

To determine

To draw: The scatter diagram by placing the rating on the horizontal axis and the ranking on the vertical axis.

(b)

To determine

To find: The coefficient of rank correlation.

(c)

To determine

if it can be concluded that at 0.05 level of significance that there is a positive association between rating and ranking.

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