Three people, P, Q, and R, were asked to place in preference nine features of a house

Question:

Three people, P, Q, and R, were asked to place in preference nine features of a house (A, B, C ... I). Calculate Spearman’s rank order correlation coefficients between the pairs of preferences, as shown Table 8.9.

0 O R Table 8.9 A 1 1 1 B 2 4 9 U 4 in 5 6 D 8 8 00 8 E 9 7 7 F 7 9 4 LL G 9 2 2 H 3 3 3 1 5 6 5

How far does this help to decide which pair from the three would be most likely to be able to compromise on a suitable house?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Business Statistics Using Excel

ISBN: 9780199659517

2nd Edition

Authors: Glyn Davis, Branko Pecar

See More Books

Question Posted: Nov 28, 2023 02:37 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
A small, 2-ha, mostly impervious urban catchment has an average slope of 1.5% and the following average. Horton infiltration parameters: f0 = 4 mm/hr, fc = 1 mm/hr, k = 2.2 hr-1. (Infiltration occurs...
R. J. Winter Co. recently issued $100,000, 10-year deferred interest bonds. The bonds have a stated rate of 10%, and interest is to be paid in 10 semiannual payments beginning in Year 6. The market...
Use the information in the adjusted trial balance reported in Exercise 4-4 to compute the current ratio as of the balance sheet date (round the ratio to two decimals). Interpret the current ratio for...
CMS is a claims processing company in Mobile, Alabama. Chastity Jones, a black woman, completed an online employment application for a customer service position with CMS. Jones interviewed with a...
Budget schedules for a manufacturer. Sierra Furniture is an elite desk manufacturer. It makes two products: Executive desks'3' ?? 5' oak desks Chairman desks'6' ?? 4' red oak desks The budgeted...
2. An engineer is planning for a 15-year retirement. In order to supplement his pension and offset the anticipated effects of inflation, he intends to withdraw $6000 at the end of the first year, and...
Reconsider the data set in Example 8.6 and assess the significance of r s . Data from Example 8.6. You are asked to decide whether the statistics rank correlates with the mathematics rank for seven...
You are asked to decide whether the statistics rank correlates with the mathematics rank for seven students provided in Table 8.2. As the information is ranked we use Spearmans correlation...
The table shows the type of bonding in a number of elements and compounds. a. Draw a labelled diagram to show metallic bonding. b. Explain why magnesium chloride has a high melting point but bromine...
You have recently been placed in charge of refreshing the network and laptop equipment for your organization. The organization consists of 150 different employees who are located in each of the 48...
On December 31, 2020, Bridgeport Company borrowed $69,348 from Paris Bank, signing a 5-year, $106,700 zero-interest-bearing note. The note was issued to yield 9% interest. Unfortunately, during 2022,...
"Change or die!" is thus the rallying cry among today's... "Change or die!" is thus the rallying cry among today's managers worldwide and the changing nature of the workforce. Question 1 a. Discuss...
Find a BAD data visualization online (this should be a real visualization based on real data, not a made-up example). What is the communication objective for the visualization? What makes it...
km/h 8. The captain of a small plane starts his journey by proceeding east. The speed of the plane with respect to still air is 190 km/h. A sudden north wind starts to blow at a constant speed of...
On January 1, 2014, Bio Industries had stock outstanding as follows. 8% Noncumulative preferred stock, $100 par value, issued and outstanding 250,000 shares .......$25,000,000 Common stock, $1 par...
Funds are separate fiscal and accounting entities, each with its own self-balancing set of accounts. The newly established Society for Ethical Teachings maintains two funds-a general fund for...
A company expects to install smog control equipment on the exhaust of a gasoline engine. The local smog control district has agreed to pay to the firm a lump sum of money to provide for the first...
A debt of $5000 can be repaid, with interest at 8%, by the following payments. Year Payment 1 $ 500 2 1000 3 1500 4 2000 5 X The payment at the end of the fifth year is shown as X. How much is X?
A man is purchasing a small garden tractor. There will be no maintenance cost during the first 2 years because the tractor is sold with 2 years free maintenance. For the third year, the maintenance...
A, a merchant, supplies B, a minor, with the rice necessary for his consumption. B, refuses to pay the price. Can A recover the Price? Why or why not ? Explain
The given equation is a polynomial function of the second degree F(x)= 4-3x 3 + 2x 2 + 5x. solve
Evaluate the following: "Mutual funds do not provide an real benfits to investors. Investors can replicate any benefits by forming investment clubs."

Three people, P, Q, and R, were asked to place in preference nine features of a house

Question:

0 O R Table 8.9 A 1 1 1 B 2 4 9 U 4 in 5 6 D 8 8 00 8 E 9 7 7 F 7 9 4 LL G 9 2 2 H 3 3 3 1 5 6 5

Step by Step Answer:

To calculate the Spearmans rank order correlation coefficient between the pairs of preferences we ne...View the full answer

Business Statistics Using Excel

Students also viewed these Business questions