Question: Here are data that relate Sales at The Home Depot

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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