When Considering Nonmetric Correlation,as a Rule of Thumb,________ Is to Be

question 83

Multiple Choice

When considering nonmetric correlation,as a rule of thumb,________ is to be preferred when a large number of cases fall into a relatively small number of categories (thereby leading to a large number of ties) .

• A) Kendall's tau
• B) chi-square
• C) Spearman's rho
• D) Pearson product moment correlation

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Definitions:

Stop-payment Order

A request made to a bank by an account holder to not pay a check that has been issued or to halt a payment that has been preauthorized.

Holder In Due Course

A term relating to negotiable instruments, denoting a party that has received an instrument in good faith, for value, and without notice of any defects or claims against it.

Intermediary Banks

Financial institutions that serve as a middleman between the payer and the payee in transactions, particularly in international wire transfers.

Payment Orders

Instructions to transfer money from one bank account to another, often used in international trade and electronic funds transfers.