Question

Here are data that relate Sales at The Home Depot and Housing Starts, for quarters during its period of rapid growth between 1995 and 2004.
a) Would Kendall’s t or Pearson correlation be the more appropriate summary? Explain.
b) What could we learn from Kendall’s tau that we wouldn’t learn from the Pearson correlation?


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  • CreatedMay 15, 2015
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