Question

Question 1 How are linear correlation and rank correlation alike? Edit Insert Formats BIVX, X А How are linear correlation and rank correlation different? Edit Insert Formats BIX, X E 3 A A- Σ' Σ Η

Answer 1

solution ranked pearson's Comebaton and Over nearly linear range of the 'RS will 0 How are linear Conelation and rank Conclation alike Similarities b/w linear sperman's Comelation I tive relationship blu data de The observed variables then pearson and spearman's langly agree and almost surely be laager magnitude because pearson method has higher sensitivity for linear Corelation Comelation and Rank Concletion offrent: Difference blw linear Comelation and Rank Comelation The association between linear & Rank Correlation becomes less monotonic pearson will linear relationship How are Linear but still will shink pearson's t spearman's Rs remain towards o' may unchanged (1 do +1) linear Conclation Coefficent Computed for quantitative data where as, Rank Comelation Coefficant is Computed for mostly quantitative data [It lies between 1 to 1] -