Properties of rank correlation ch 15

Discussion in 'SP9' started by Viki2010, Jan 25, 2018.

  1. Viki2010

    Viki2010 Member

    The fifth bullet point in acted materials is 2 big formulae. What does this mean?
     
  2. Simon James

    Simon James ActEd Tutor Staff Member

    Page 16?
    It's showing the relationship between Kendall's tau and Spearman's rho - if you know one then you have an idea what the other one is.
     
  3. Viki2010

    Viki2010 Member

    Simon, thanks for your quick reply. Yes, this is found on page 16. The Kendall's Tau and Spearman's Rho are both rank correlations. What is the added value (or the point of) knowing how they relate to each other?
     
  4. Simon James

    Simon James ActEd Tutor Staff Member

    It might be that one or the other is easier to calculate and so it gives you an idea about the other?
     
  5. Viki2010

    Viki2010 Member

    Thank you.
     
    Last edited by a moderator: Jan 27, 2018

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