Of the Following Correlation Coefficients, Which Requires Ordinal Data

question 6

Multiple Choice

Of the following correlation coefficients, which requires ordinal data?

• A) the Pearson r
• B) the coefficient of contingency
• C) the Spearman rs
• D) all of these

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Definitions:

Partnership Creation

The formation of a partnership through the agreement of two or more individuals to carry on a business for profit as co-owners.

Accounting Partnership

A business arrangement where two or more individuals practice accounting together, sharing responsibilities, profits, and liabilities.

Legal Position

indicates an individual's or entity's standing or status in relation to the law, including rights, obligations, or liabilities.

Partnership

A business structure in which two or more individuals manage and operate a business in accordance with terms and objectives set out in a Partnership Agreement.