Examlex
Obligations not expected to be paid within one year (or the company's operating cycle if longer than one year) are reported as:
Spearman Rank
An assessment of rank correlation that doesn't rely on parametric assumptions, used to evaluate how effectively a monotonic function can represent the association between two variables.
Ordinal-Level
Refers to a level of measurement where data can be ordered or ranked, but the distances between ranks are not necessarily equal.
Point Biserial
A correlation coefficient used to measure the relationship between a binary variable and a continuous variable.
Nominal-Level
Classification of data, for which the measurement scales are categorized without any order or ranking implied among the values.
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