Question 14.138

bestbusiness

22. Best Countries for Business. The Web site www.doingbusiness.org publishes rankings on the best countries for doing business. The following data set represents a random sample of nations and their rankings in two categories: ease of doing business and ease of starting up a new business. Test whether a rank correlation exists between the two categories, using level of significance . Note that you need not calculate the ranks, as the ranks are given.

Nation Ease of doing
business
Ease of starting
a new business
Ireland 2 2
Japan 4 6
Canada 3 1
South Africa 5 4
United States 1 3
Mongolia 7 5
Mexico 6 7