Abstract: The US Consumer Price Indices (CPIs) measures
hundreds of items in the US economy. Many social programs
and government benefits index to the CPIs. The purpose of
this project is to modernize an existing process. This paper will
show the development of a small, visual, software product that
documents the Economic Price Adjustment (EPA) for longterm
contracts. The existing workbook does not provide the
flexibility to calculate EPAs where the base-month and the
option-month are different. Nor does the workbook provide
automated error checking. The small, visual, software product
provides the additional flexibility and error checking. This
paper presents the feedback to project.
Abstract: This paper presents a rank correlation curve. The
traditional correlation coefficient is valid for both continuous
variables and for integer variables using rank statistics. Since
the correlation coefficient has already been established in rank
statistics by Spearman, such a calculation can be extended to
the correlation curve.
This paper presents two survey questions. The survey
collected non-continuous variables. We will show weak to
moderate correlation. Obviously, one question has a negative
effect on the other. A review of the qualitative literature
can answer which question and why. The rank correlation
curve shows which collection of responses has a positive
slope and which collection of responses has a negative slope.
Such information is unavailable from the flat, ”first-glance”
correlation statistics.