In this Statistics video, I compare the Pearson Correlation to the Spearman Correlation. I compare assumptions for Pearson vs Spearman and then compare graph interpretations. I compare linear relationships to monotonic relationship, Parametric or Normal Distributed Data to Non-parametric. Can a Pearson Correlation have ordinal variables? Can a Spearman's rank correlation have ordinal variables?
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Chapters:
00:00 Introduction
00:35 Assumptions for Pearson Correlation and Spearman Correlation
03:25 Graph Interpretation with Correlation Coefficient.
Graphs:
https://support.minitab.com/en-us/minitab-express/1/help-and-how-to/modeling-statistics/regression/supporting-topics/basics/a-comparison-of-the-pearson-and-spearman-correlation-methods/#:~:text=The%20Pearson%20correlation%20evaluates%20the%20linear%20relationship%20between%20two%20continuous%20variables.&text=The%20Spearman%20correlation%20evaluates%20the,necessarily%20at%20a%20constant%20rate.
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