Demerits of rank correlation? – InterviewSolution

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1.	Demerits of rank correlation?
Answer» <p>Demerits</p><p>It is only an approximately calculate measure as actual values are not used for calculations.</p><p>For large samples it is not convenient method.</p><p>Combined r of different series cannot be obtained as in case of mean and S.D.</p><p>It cannot be treated further algebraically.</p>

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