gfin correlation ,under topic of unequal rank, mine question is what is m denoted and how to find
Dear student,
In case the ranks are equal an adjustment made in the formula for calculation of rank correlation coefficient. Rank correlation coefficient is calculated as
Here m is the number of times a rank is repeated. For instance if two items are accorded equal ranks then m will be equal to 2.
In case the ranks are equal an adjustment made in the formula for calculation of rank correlation coefficient. Rank correlation coefficient is calculated as
Here m is the number of times a rank is repeated. For instance if two items are accorded equal ranks then m will be equal to 2.