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:

Fixed Costs

Costs that do not change with the level of production or sales, such as rent or salaries.

Average Total Costs

The total expenses incurred in the process of producing or offering a good or service, divided by the quantity of goods or services produced or offered.

Average Variable Costs

The sum of all variable production costs divided by the total number of units produced.

Output

The amount of something produced by a person, machine, or industry.