The Spearman Correlation Coefficient Is Calculated for a Set of Data

question 93

Multiple Choice

The Spearman correlation coefficient is calculated for a set of data on two variables, x and y.It appears that as the rank of x increases, the rank of y is decreasing.We would expect the Spearman correlation coefficient to be ________.

• A)equal to zero
• B)positive
• C)negative
• D)greater than 5
• E)greater than 1

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Definitions:

Voting Shares

Shares that give the shareholder the right to vote on company matters, such as electing directors or approving acquisitions, indicating a degree of control in the company.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders.

Carrying Amount

The book value of assets and liabilities as reported in the financial statements, factoring in depreciation, amortization, and impairment.

Voting Shares

Shares that give the shareholder the right to vote on matters of corporate policy and the selection of board members.