Question

While computing rank correlation coefficient between profits and investment for 10
years of a firm, the difference in rank for a year was taken as 7 instead of 5 by mistake
and the value of rank correlation coefficient was computed as 0.80. What would be
the correct value of rank correlation coefficient after rectifying the mistake?
a) 0.80
b) 0.85
C) 0.95
d) 0.75​

Answer 1

Answer:

i think b is correct please use this option

Answer 2

Answer:

c . 0.95 is the correct answer