For a problem I've been working on I found the Pearson's r to be 0.936. I then used a ranking systems using Spearman's rho and found rs to be 0.935.

**problem was solved at p=0.05, 15 data pairs; exact data shouldn't be needed to answer questions but let me know if you need them

Questions:

a) What does the similarity of values indicate?

b) What conclusions can be drawn?

c) What conclusions cannot be drawn?

d) Discuss transforming interval or ratio data into rank data and why some similarities may or may not exist.