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#1 2006-10-25 03:49:16

Penguins
Guest

Spearman's rank correlation coefficient

I'm using SRCC in a piece of Economics coursework to find the relationship between two types of variables.

I'm just wondering if it would be possible to use three variables instead? For example, if I have a set of figures on house prices, population and income, would it be possible for me to rank the three seperately then use the formula?

Thanks for the help!

#2 2006-10-25 17:35:53

George,Y
Member
Registered: 2006-03-12
Posts: 1,306

Re: Spearman's rank correlation coefficient

Sure, actually you can look at a Econometric book, which has many empiracle fromulas.

2 variables just for simplicity and nothing else.


X'(y-Xβ)=0

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