Spearman Correlation Coefficient
Spearman correlation coefficient is a statistical measure that evaluates the strength and direction of the monotonic relationship between two continuous variables. It is a non-parametric measure that assesses how well the relationship between two variables can be described using a monotonic function. The Spearman correlation coefficient ranges from -1 to 1, where -1 indicates a perfect negative monotonic relationship, 0 indicates no monotonic relationship, and 1 indicates a perfect positive monotonic relationship. Unlike Pearson correlation coefficient, Spearman correlation coefficient does not assume that the relationship between the variables is linear. Instead, it only assumes that the relationship is monotonic, meaning that as one variable increases, the other variable either increases or decreases consistently.
Your Previous Searches
Random Picks
- Smoothness: Smoothness is a term used in data science to describe the regularity or consistency of a dataset. A smooth dataset is one that has a gradual and continuous change between data points, while a rough dataset has abrupt changes or fluctuations ... Read More >>
- Data Packets: In the context of data communication, a data packet is a unit of data that is transmitted from one device to another over a network. It consists of a header and a payload. The header contains information about the packet, such as the source ... Read More >>
- Hypothesis Testing: Hypothesis testing is a statistical method used to determine whether a hypothesis about a population parameter is supported by the sample data. It involves formulating a null hypothesis and an alternative hypothesis, selecting a significanc ... Read More >>
Top News
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA...
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration....
News Source: CBS News on 2024-11-23
Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival...
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives....
News Source: NBC News on 2024-11-22
Amazon to invest an additional $4 billion in AI startup Anthropic...
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI...
News Source: ABC News on 2024-11-22
We met during the idyllic summer of 2021. Here’s how we’re staying radically...
'For Black people, hope isn’t just an optimistic outlook—it’s a survival mechanism,' write Aaron Long and Tynesha McHarris....
News Source: Fortune on 2024-11-22
Under U.S. antitrust fire, Alphabet stock drops 6%...
Plus: Gary Gensler exits, OpenAI mulls browser in the latest edition of Fortune's flagship tech newsletter....
News Source: Fortune on 2024-11-22