What does rank-order correlation coefficient mean?

Definitions for rank-order correlation coefficient
rank-or·der cor·re·la·tion co·ef·fi·cient

This dictionary definitions page includes all the possible meanings, example usage and translations of the word rank-order correlation coefficient.

Princeton's WordNet

  1. rank-order correlation coefficient, rank-order correlation, rank-difference correlation coefficient, rank-difference correlationnoun

    the most commonly used method of computing a correlation coefficient between the ranks of scores on two variables

ChatGPT

  1. rank-order correlation coefficient

    The rank-order correlation coefficient, also known as Spearman's rank correlation coefficient, is a statistical measure that assesses the degree of association between two ranked variables. It assesses how well the relationship between two variables can be described using a monotonic function, which is a function that either never increases or never decreases as the values of the variable changes. This coefficient ranges from -1 (perfect negative correlation) to +1 (perfect positive correlation), with 0 indicating no correlation.

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Numerology

  1. Chaldean Numerology

    The numerical value of rank-order correlation coefficient in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of rank-order correlation coefficient in Pythagorean Numerology is: 5

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"rank-order correlation coefficient." Definitions.net. STANDS4 LLC, 2024. Web. 27 Feb. 2024. <https://www.definitions.net/definition/rank-order+correlation+coefficient>.

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