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Kendall's Tau is a useful and intuitive way of measuring non-parametric correlation between variables that is robust to non-normality and outliers. Today we will learn how to apply it in Excel, automatically detecting concordant and discordant pairs, and how to test the Kendall's Tau statistic for significance. • Don't forget to subscribe to NEDL and give this video a thumbs up for more videos in Statistics! • Please consider supporting NEDL on Patreon: / nedleducation
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