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What Is Spearman’s Rank Correlation and How Is It Useful for Business Analysis?

Click to learn more about author Kartik Patel. This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. What Is Spearman’s Rank Correlation? Correlation is a statistical measure that indicates the extent to which two variables fluctuate together. A positive correlation indicates the extent to which those variables increase or decrease […]