It seemed to me that the Spearman's rank correlation has no downsides in comparison to the Person correlation test. Are there cases where the Pearson correlation test would be used?
What is the best way to plot a spearman correlation so that we clearly see the information that it is giving? I think it's not useful to plot a regression line as it depends on outliers, while the spearman correlation doesn't.
Thanks for the video, it's a really good and easy understandable explaination. Especially the comparison of both of them really helped me.
It seemed to me that the Spearman's rank correlation has no downsides in comparison to the Person correlation test. Are there cases where the Pearson correlation test would be used?
What is the best way to plot a spearman correlation so that we clearly see the information that it is giving? I think it's not useful to plot a regression line as it depends on outliers, while the spearman correlation doesn't.
True, and you might also have a monotonic relationship. I would suggest to use LOWESS (or LOESS).
Great Job !!!!!!!!!!!!!!!!!! Thanks
Thank you!