Scenario: Two managers ranked 10 franchises by profitability potential. The sum of squared differences in their rankings is 44. Check to see if their rankings are correlated by calculating the Spearman Coefficient of Rank Correlation. (Enter numerical answers to three decimal places with zero before the decimal. For yes or no answers, enter Y for yes or N for no.) a. Calculated rs _____ b. At alpha =1% and a one-tail test, what is the critical value of rs ______ c. Does this result indicate that the rankings by the managers are positively correlated? _____ (Y or N)
Scenario: Two managers ranked 10 franchises by profitability potential. The sum of squared differences in their rankings is 44. Check to see if their rankings are correlated by calculating the Spearman Coefficient of Rank Correlation. (Enter numerical answers to three decimal places with zero before the decimal. For yes or no answers, enter Y for yes or N for no.) a. Calculated rs _____ b. At alpha =1% and a one-tail test, what is the critical value of rs ______ c. Does this result indicate that the rankings by the managers are positively correlated? _____ (Y or N)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Scenario: Two managers ranked 10 franchises by profitability potential. The sum of squared differences in their rankings is 44. Check to see if their rankings are correlated by calculating the
- a. Calculated rs _____
- b. At alpha =1% and a one-tail test, what is the critical value of rs ______
- c. Does this result indicate that the rankings by the managers are
positively correlated ? _____ (Y or N)
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