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in Correlation and Regression Analysis by (47.4k points)
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A random sample of recent repair jobs was selected and the estimated cost and actual cost were recorded.

Estimated cost 300 450 800 250 500 975 475 400
Actual cost 273 486 734 297 631 872 396 457

Calculate the value of spearman’s correlation coefficient.

1 Answer

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by (47.8k points)
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Best answer

N = 8, Σd2 = 8 

Rank correlation

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