What Is the Spearman Rank Correlation Coefficient for the Following

question 95

Multiple Choice

What is the Spearman rank correlation coefficient for the following set of data? $$\begin{array} { | l | l | l | l | l | l | } \hline \boldsymbol { x } & 19 & 21 & 25 & 22 & 33 \\\hline \boldsymbol { y } & 30 & 24 & 28 & 31 & 35 \\\hline\end{array}$$

• A)-10.2
• B)-2.35
• C)0.65
• D)0.50
• E)0.05

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Definitions:

Accounts Payable

The amounts owed by a business to its suppliers or vendors for goods or services received that have not yet been paid for.

Unearned Revenue

Money received by an individual or company for a service or product that has yet to be provided or delivered.

Accounting Equation

The fundamental equation representing the relationship among assets, liabilities, and owner's equity: Assets = Liabilities + Owner’s Equity.

Creditor

An individual or entity that is owed money by another party, often in the context of loaning funds or issuing credit.