Cryptocurrency Q&A
What does tau tell us?
What does tau tell us?
Nicola
Tue Nov 19 2024
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7 answers
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I'm curious about the meaning and implications of tau. I want to understand what kind of information or knowledge it conveys, possibly in a mathematical, scientific, or philosophical context.
7 answers
CryptoWizardry
Thu Nov 21 2024
The Kendall rank correlation coefficient holds a significant position in the field of statistics.
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JejuJoy
Thu Nov 21 2024
It is frequently referred to as Kendall's τ coefficient.
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SapphireRider
Thu Nov 21 2024
The symbol τ, derived from the Greek alphabet, represents this statistical measure.
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PhoenixRising
Thu Nov 21 2024
The primary function of Kendall's τ coefficient is to assess the ordinal association between two quantities.
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Silvia
Wed Nov 20 2024
Ordinal association refers to the ranking or ordering of the two quantities being measured.
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