Bivariate Data – NBC Institute

QTB – May 2017 – L1 – SA – Q17 – Statistics

This question checks the range of values for the correlation coefficient r.

Question

If $r$ is the correlation coefficient calculated for a bivariate data, then which one of the following is correct?

A. $1$
B.
C.
D.
E.

Answer

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Tags: Bivariate Data, Business Statistics, Correlation
Level: Level 1

Topic: Statistics
Series: MAY 2017

QTB – May 2015 – L1 – SA – Q10 – Statistics

Calculating Spearman’s rank correlation between price and age of cars.

Question

The following values are computed from a set of bivariate data relating the price and age of 12 selected cars from a car dealer shop as where $d_{i}$ is the difference between ranks of price and age of cars. The computed Spearman’s rank correlation coefficient between the price and age of the car is:

A. -0.4545
B. -0.3535
C. 0.0000
D. 0.3535
E. 0.4545

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bivariate Data, Correlation, Spearman’s Rank Correlation
Level: Level 1

Topic: Statistics
Series: MAY 2015

QTB – May 2017 – L1 – SA – Q17 – Statistics

This question checks the range of values for the correlation coefficient r.

Question

If $r$ is the correlation coefficient calculated for a bivariate data, then which one of the following is correct?

A. $1$
B.
C.
D.
E.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bivariate Data, Business Statistics, Correlation
Level: Level 1

Topic: Statistics
Series: MAY 2017

QTB – May 2015 – L1 – SA – Q10 – Statistics

Calculating Spearman’s rank correlation between price and age of cars.

Question

A. -0.4545
B. -0.3535
C. 0.0000
D. 0.3535
E. 0.4545

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bivariate Data, Correlation, Spearman’s Rank Correlation
Level: Level 1

Topic: Statistics
Series: MAY 2015

Question Tag: Bivariate Data

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QTB – May 2017 – L1 – SA – Q17 – Statistics

This question checks the range of values for the correlation coefficient r.

QTB – May 2015 – L1 – SA – Q10 – Statistics

Calculating Spearman’s rank correlation between price and age of cars.

QTB – May 2017 – L1 – SA – Q17 – Statistics

This question checks the range of values for the correlation coefficient r.

QTB – May 2015 – L1 – SA – Q10 – Statistics

Calculating Spearman’s rank correlation between price and age of cars.

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Question Tag: Bivariate Data

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QTB – May 2017 – L1 – SA – Q17 – Statistics

This question checks the range of values for the correlation coefficient r.

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QTB – May 2015 – L1 – SA – Q10 – Statistics

Calculating Spearman’s rank correlation between price and age of cars.

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QTB – May 2017 – L1 – SA – Q17 – Statistics

This question checks the range of values for the correlation coefficient r.

You're reporting an error for "QTB – May 2017 – L1 – SA – Q17 – Statistics"

QTB – May 2015 – L1 – SA – Q10 – Statistics

Calculating Spearman’s rank correlation between price and age of cars.

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