SPEARMAN’S RANK CORRELATION BY NILOY MAJUMDAR Table of Contents 1. INTRODUCTION 2. BIVARIATE DATA 3. ASSOCIATION AND CORRELATION 4. DEFINITION AND CALCULATION 5. RELATED QUANTITIES 6. INTERPRETATION 7. EXAMPLE 8. PEARSON’S PRODUCT-MOMENT CORRELATION COEFFICIENT 9. DETERMINING SIGNIFICANCE 10. CORRESPONDENCE ANALYSIS BASED ON SPEARMAN’S rho 11. REFERENCES 1. Introduction Rank correlation is used
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Nordstrom Inc. The economic crisis that started in 2007 affected the business of upscale department stores countrywide. Upscale department stores understand that the items they sell are considered discretionary items‚ so when there is an economic downturn‚ they are one of the first industries to be hit. When looking over the Nordstrom Annual Reports from the last few years‚ there are two things evident: this company has a lasting strategy and they work hard to continuously evolve this strategy
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China market is drastically growing at a rate of approximately 30 percent since the past recent years. Therefore‚ from a business standpoint it is logical and best for Nordstrom to expand in a country where the retail industry is developing; so‚ Nordstrom can get an opportunity to significantly contribute to the country’s economy and Gross Domestic Product (GDP). This opportunity seems promising and solid if planned work and decision-making are executed effectively. The government of China consists
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Customer Service at Nordstrom and Potential Conflicts Case Study Vanessa E. Rivera Saint Leo University Customer Service at Nordstrom and Potential Conflicts Case Study With 50‚000 employees and 170 stores throughout the United States Nordstrom is a major player in the luxury goods department. Founded originally as a shoe store by John W. Nordstrom and Carl Wallin‚ Nordstrom became the largest independent shoe chain in the United States. By 1960‚ Nordstrom decided to enter the clothing arena
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Nordstrom ’s vs. Macy ’s Future Challenges Historically speaking‚ Canada has never been a great market for American retailers. The Canadian dollar was weak‚ costs were higher‚ and with limited real estate development‚ it was difficult to find space. Not anymore‚ now the door to Canada is opening wider than ever thanks to a stronger Canadian dollar‚ a relatively robust economy‚ and a loosening of the commercial real estate market‚ in part because of the downsizing of some longtime retailers like
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The corporate president’s sphere of influence in the Nordstrom organization has been great and effective as he has been in the position for about 15 years. Blake W. Nordstrom has been with the company for about 39 years and has worked his way to the top (A reference‚ 2015). As corporate president‚ he continuously moved the company forward in growth and profits. The impact Blake has had on the company has been tremendous as he has taken a struggling company with declining sales and recessed stock
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IGN (InGame Name): Singohyo Date of application: Sunday‚ August 16th Age: 14 Country: The United States Time zone: Pacific Time Zone (UTC) InGame ranks (Mine rank and Donation Rank‚only if you have one): Mine Rank: U Donor Rank: Hail 1. Why do you want to be staff?: As an active member of the network‚ I will ensure the safety of those who contribute to the community by participating in it. Far too many times have I seen overwhelmed staff being bombarded with questions that they don’t get the
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retailer is Nordstrom? Describe the characteristics it shares with other retailers of this type. * Nordstom is a retail department store that carries a wide variety of shopping and specialty goods‚ including apparel‚ cosmetics‚ housewares‚ electronics‚ and furniture. Purchases are generally made within each department rather than at one central checkout area. Each department is treated as a separate buying center to achieve economies in promotion‚ buying‚ service‚ and control. Nordstrom shares
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First Nordstrom should NOT pre-empt “60 Minutes” by changing their sales-force compensation practices‚. At this point‚ the various complaints against Nordstrom were well publicized. However‚it was mostly a few current and former employees who were complaining‚ while most employees were not dissatisfied and their customers were very happy with the service they were receiving. The sales-force compensation practices at Nordstrom had been used for over 20 years without previous complaints‚ so what
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accessories for the entire family‚ across the country. The Nordstrom family of employees has built a thriving business on the standard of quality‚ value‚ selection‚ and customer service. They are committed to the idea the company was founded on‚ earning our customers’ trust one at a time. The competitive strategy here is understanding your market‚ knowing who your customers are and making sure they are satisfied with your products. Nordstrom wishes every customer to have a positive shopping experience
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