Questions tagged [kendalls-tau-coefficient]

What are the characteristics of the three correlation coefficients and what are the comparisons of each of them/assumptions? Can somebody kindly take me through the concepts?

I'm trying to compute a p-value for a two tailed test following Wikipedia formula which indicates that: one computes Z, and finds the cumulative probability for a standard normal distribution at -|Z|. For a 2-tailed test, multiply that number by…

While interpreting the correlation between ranks, should I use the rho value (for spearman method), tau value (for kendall's tau method), w value ( for kendall's w method) or should I take in consideration the p-value? And does having NaNs values…

I have a dataset of 45 non-linear numerical values and 2 categorical values. I am making a feature selection to predict categorical variables one by one or together. I used the correlation ratio and kendall rank correlation coefficient to calculate…