Use the Rank Correlation Coefficient to Test for a Correlation

question 62

Essay

Use the rank correlation coefficient to test for a correlation between the two variables. A_
placement test is required for students desiring to take a finite mathematics course at a
university. The instructor of the course studies the relationship between students' placement
test score and final course score. A random sample of eight students yields the following data. $$\begin{array} { c c c } \text { Placement Score } & \text { Final Course Score } \\\hline 38 & 63 \\90 & 41 \\95 & 54 \\51 & 32 \\86 & 93 \\74 & 60 \\60 & 61 \\57 & 89\end{array}$$ Compute the rank correlation coefficient, rs, of the data and test the claim of correlation
between placement score and final course score. Use a significance level of 0.05.

Grasp the basic elements of options including call and put options, their exercising, expiration, and valuation.

Comprehend the principles behind the convertible bonds, including conversion values, ratios, and prices.

Understand the rationale behind equity as an option on the firm's assets and the implications of exercising such options.

Learn about factors affecting the value of options and how to calculate option pricing using models.

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Definitions:

Corporate Veil

The corporate veil is the legal concept separating the actions of a corporation from its shareholders, protecting them from personal liability.

Shareholder

An owner of a corporation, who has no inherent right to manage the corporation but has liability limited to his capital contribution. Also called stockholder.

Obligations

Duties or responsibilities that are legally or morally binding.

Directors And Officers

Individuals appointed or elected to oversee the major policies and decisions of a company, corporation, or non-profit organization.