This results in 0.7791. For a given set of twelve ranked data values, the sum of the squared differences is 63.18. What is Spearmans coefficient of rank correlation for the data HO: 0.5 Response Feedback: The majority consists of 11 economists who predict increase.True The whoIe purpose béhind using nonparametric tést is to compénsate for lack óf knowledge of thé nature of distributión the data foIlows.When we know for sure what distribution the set of data follows, then we can use the test statistic associated with that distribution.
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