Correlation: one relationship, four different numbers
Pearson asks whether the line is straight. Spearman, Kendall and Somers' D ask only whether the order holds — which is usually the question that matters in credit risk.
Correlation
Pearson asks whether the line is straight. Spearman, Kendall and Somers' D ask only whether the order holds — which is usually the question that matters in credit risk.
Correlation