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Spearman's Rank Correlation Coefficient
Submitted by wikidude on July 30, 2019
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Definition
What does SRCC mean?
- Spearman's rank correlation coefficient
- In statistics, Spearman's rank correlation coefficient or Spearman's ρ, named after Charles Spearman and often denoted by the Greek letter ρ {\displaystyle \rho } (rho) or as r s {\displaystyle r_{s}} , is a nonparametric measure of rank correlation (statistical dependence between the rankings of two variables). It assesses how well the relationship between two variables can be described using a monotonic function. The Spearman correlation between two variables is equal to the Pearson correlation between the rank values of those two variables; while Pearson's correlation assesses linear relationships, Spearman's correlation assesses monotonic relationships (whether linear or not). If there are no repeated data values, a perfect Spearman correlation of +1 or −1 occurs when each of the variables is a perfect monotone function of the other. Intuitively, the Spearman correlation between two variables will be high when observations have a similar (or identical for a correlation of 1) rank (i.e. relative position label of the observations within the variable: 1st, 2nd, 3rd, etc.) between the two variables, and low when observations have a dissimilar (or fully opposed for a correlation of −1) rank between the two variables. Spearman's coefficient is appropriate for both continuous and discrete ordinal variables. Both Spearman's ρ {\displaystyle \rho } and Kendall's τ {\displaystyle \tau } can be formulated as special cases of a more general correlation coefficient.
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"SRCC." Abbreviations.com. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.abbreviations.com/term/2112585>.
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