Spearman Rank L1

CAIA
#1

Hello,

I’m reading about the Spearman Rank in the Schweser notes and in the example they ask you to determine if its significantly different from zero at a 5% level of significance. In the answer section the bokk doesnt mention the significance level and in a couple of youtube videos the dont either. Is there any relation with the Spearman rank and the significance level?

Thanks for your help-

#2

I don’t believe that there is any relationship with the Spearman Rank correlation and the significance level. Significance level isn’t mentioned with it in the official Wiley book.

#3

Thanks!