Suppose That Ten New Smart Phone Models Were Evaluated by Two

question 6

Multiple Choice

Suppose that ten new smart phone models were evaluated by two consumer electronics magazines from 1 (best) to 10 (worst) .Spearman's rho was calculated to be
-) 45.We can say that there is ________________________ .

• A)a high level of agreement between the two magazine rankings
• B)strong and positive association between the two magazine rankings
• C)an outlier in the data that affects the results
• D)a moderate level of disagreement between the two magazine rankings
• E)a rank of number 1 for the same smart phone in both magazines

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Definitions:

Taco

A traditional Mexican dish consisting of a small hand-sized tortilla topped with a filling.

Burrito

A Mexican-inspired dish consisting of a large wheat flour tortilla wrapped or folded around a filling that typically includes meat, beans, rice, cheese, and vegetables.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision or choosing one option over another.

Market Value

The current price at which an asset or service can be bought or sold in an open market.