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Spearman's rank correlation coefficient
(redirected from Spearman correlation)

   Also found in: Wikipedia 0.01 sec.
Spearman's rank correlation coefficient [¦spir·mənz ¦raŋk ‚kär·ə′lā·shən ‚kō·ə‚fish·ənt]
(statistics)
A statistic used as a measure of correlation in nonparametric statistics when the data are in ordinal form; a product moment correlation coefficient. Also known as Spearman's rho.


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Analysis comparing the EDSS respiratory CCs with the Telehealth Ontario calls about respiratory disease (Figure) resulted in a Spearman correlation coefficient of 0.
Also following Piotroski and Roulstone (2004), we control for industry concentration using a revenue-based Herfindahl index (HERF) constructed using quarterly Compustat data, the number of firms used to calculate the weekly industry return index (NIND), the number of IBES analyst forecast revisions of one-year-ahead forecasts of annual earnings during a calendar year (NREV), and RETCORR, the Spearman correlation between weekly MARET and value-weighted industry returns calculated from CRSP.
 
 
 
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