rank_normalisation {Indicator}

Rank normalization

Description

It's a function that normalize by ranking method. Create the matrix of ranking for different columns, the rank is the high value is the first

Usage

rank_normalisation(data)

Arguments

data

dataframe with rows = observations and columns = quantiative variables

Value

It returns a datafame of normalized data

References

OECD/European Union/EC-JRC (2008), Handbook on Constructing Composite Indicators: Methodology and User Guide, OECD Publishing, Paris, <https://doi.org/10.1787/9789264043466-en>

Examples

data("Education")
Normalized_rank=rank_normalisation(Education)
print(Normalized_rank)