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Question

The grades (CGPA) of 5 college students and their average salaries in lakhs/year are given in the table below. Calculate the rank coefficient.

CGPA (G)Salary (S)6.547.058.06.57.589.57


A

-0.6

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B

0.7

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C

-0.8

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D

0.9

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Solution

The correct option is B

0.7


Convert the CGPA and salary to corresponding ranks and calculate deviations.

GSD=GSD255004400231131241211=6


rk=16D2in3n=16×61255=136120=0.7


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