Question: Compute the coefficient of rank correlation between the two analysts and comment on the value (6 Marks) (c)A financial analyst is interested in comparing

Compute the coefficient of rank correlation between the two analysts and comment on the value (6 Marks) (c)A financial analyst is interested in comparing the turnover rates, in percent, for shares of communication-related stocks versus other stocks, such as Safaricom and Equity Bank. She selected 32 communication-related stocks and 49 other stocks. The mean turnover rate of communication-related is 31.4 percent and standard deviation 5.1 percent. For other stocks the mean rate was computed to be 34.9 percent and standard deviation 6.7 percent. Is there a significant difference in the turnover rates of the two types of stock? Take =0.01. (10 Marks)

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