4. Calculate the Spearman's Coefficient of Rank Correlation between Demand
and Supply:
Demand :
43 14 94 24 68 41 53
Supply :
65 28 49 22 69 53 110 28
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For example, there exists some relationships between height of father ... Correlation coefficient is a useful tool for many statistical purposes. ... (a) Heights and weights.., (b) amount of rainfall and yield of crop., (c) price and supply of ... Cola constant and check the correlation between Temperature and Demand for Cola, it is.
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