A Professor Was Interested in the Relationship Between a Student's

question 160

Short Answer

A professor was interested in the relationship between a student's rank on an oral exam and the student's rank on a written exam. The professor selected 8 students at random and ranked their scores for both the oral exam and the written exam. The following data was recorded: Find and interpret the rank correlation between a student's rank on the oral exam and the student's rank on the written exam.
Compute : ______________
There is ______________ relationship between the student's rank on the oral exam and the student's rank on the written exam.

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Definitions:

Disposable Income

Indicates the sum of funds households can allocate towards expenditure and savings once income taxes have been deducted.

Disposable Income

Households' available economic resources for spending and saving post-tax.

Disposable Income

The amount of money an individual or household has to spend or save after taxes have been deducted.

Savings

Money that is set aside from disposable income, often placed in interest-bearing accounts for future use or investment.