Spearman rank-order correlation,more simply known as Spearman correlation,is a nonparametric counterpart of Pearson correlation.

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This statement is correct. Spearman rank-order correlation is a nonparametric measure of correlation that assesses the strength of the relationship between two variables based on the ranks (or ordinal values) of the data, rather than on the actual values of the data themselves. It is widely used in social and behavioral sciences, as well as in other fields where normality assumptions may not be met or where data are ranked.

Spearman Rank-Order Correlation,more Simply Known as Spearman Correlation,is a Nonparametric