Monotonic Relationships

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August 31, 2024 4 min read Definitions
Spearman Rank Correlation Coefficient: Measuring Monotone Association Between Two Variables
Statistics Mathematics Correlation Statistics Non-Parametric Methods Spearman's Rho Monotonic Relationships
The Spearman Rank Correlation Coefficient is a non-parametric measure of statistical dependence between two variables that assesses how well the relationship between the variables can be described using a monotonic function.
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