Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience. Yarilet Perez is an experienced multimedia ...
The product moment correlation coefficient is often used even for ordinal data with only a few scale steps. This procedure may lead to biased results, where the bias depends on the number of scale ...
Several sampling designs for assessing agreement between two binary classifications on each of n subjects lead to data arrayed in a four-fold table. Following Kraemer's (1979, Psychometrika 44, ...