PRACTICAL STATISTICS When ranks are not given. The profits earned (x) (in thousands) and the working capital (y) (in lakhs) of eight industries in a State are given below : 75 88 95 70 60 80 81 50 x: y : 120 134 150 115 110 140 142 100 Use the method of rank correlation to find the relationship between profits and working capital.

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PRACTICAL STATISTICS
When ranks are not given. The profits earned (x) (in
thousands) and the working capital (y) (in lakhs) of eight industries
in a State are given below :
75
88
95
70
60
80
81
50
x:
120
134
150
115
110
140
142
100
y :
Use the method of rank correlation to find the relationship
between profits and working capital.
Transcribed Image Text:PRACTICAL STATISTICS When ranks are not given. The profits earned (x) (in thousands) and the working capital (y) (in lakhs) of eight industries in a State are given below : 75 88 95 70 60 80 81 50 x: 120 134 150 115 110 140 142 100 y : Use the method of rank correlation to find the relationship between profits and working capital.
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