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Two groups of students - those looking to study science degrees and those looking to study business degrees - are asked to rank, in order of preference, the universities they are applying for. The researcher then wants to determine the correlation between the two groups. Which statistical test is most appropriate?
Forecast Accuracy
The degree to which a forecast predicts actual outcomes.
Sum of Squares
A statistical technique used to measure the variation or dispersion of a set of values, by quantifying the summation of the squared differences between each value and the mean of the set.
Deseasonalized Time Series
A time series from which seasonal effects have been removed to analyze the underlying trend without seasonal variability.
Moving Averages
Moving averages are statistical measures used to analyze data points by creating a series of averages of different subsets of the full data set.
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