Spearman's Rank Correlation (Non-Parametric) | Statistics for B.Com, BBA, MBA
Автор: Dr.Sasmita Mohapatra
Загружено: 2026-01-15
Просмотров: 2
#Statistics #SpearmanCorrelation #RankCorrelation
In this video, we simplify Spearman's Rank Correlation Coefficient ($r_s$), the go-to method for measuring relationships between ranked data or non-linear trends. Whether you are dealing with qualitative data (like beauty or intelligence) or quantitative data that isn't normally distributed, this tutorial has you covered!In this video, you will learn:What is Spearman’s Rank Correlation and why it’s "Non-Parametric."The difference between Linear (Pearson) and Monotonic (Spearman) relationships.A step-by-step solved problem (Assigning ranks, finding $d$, and squaring differences).How to handle Tied Ranks (Average Rank Method).Interpreting the final coefficient (Strength and Direction).
Spearman's Rank Correlation, Rank Correlation Coefficient, Statistics Tutorial, Non-Parametric Test, Spearman rho, Calculate Rank Correlation, Statistics for Beginners, Spearman vs Pearson, Monotonic Relationship, Business Statistics, Tied Ranks Statistics, B.Com Statistics, MBA Research Methodology.
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