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Spearman Correlation
This is a non-parametric tool for measuring rank correlation, gauging how effectively a monotonic function can represent the linkage between two variables.
Sample Statistic
A numerical value calculated from a sample, used to estimate a population parameter.
Spearman Rank
It's a method for assessing rank correlation without assuming any parameter, focusing on how a monotonic function might accurately describe the connection between two variables.
Ordinal Variables
Variables that represent categories with a meaningful order but without a fixed interval between categories, such as rankings or levels of satisfaction.
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