Correlation

🏫 MP BoardClass 11Economics·20 total questions
πŸ“ Chapter Notes & Mind Map
πŸ“ Notes & Mind Map β†’

Spearman's Rank Correlation Coefficient is mainly used when:

If all points on a scatter diagram lie on a straight line directed from lower left to upper right, the correlation is:

The formula for Spearman's rank correlation coefficient includes which of the following terms?

What is the main limitation of Karl Pearson's correlation coefficient?

If the correlation coefficient 'r' is +1, the scatter diagram will show points:

Which of the following is true regarding properties of correlation coefficient?