Question: Consider the ff. data set , in which a maker of asphalt shingles is interested in the relationship between sales for a particular year and
Consider the ff. data set , in which a maker of asphalt shingles is interested in the relationship between sales for a particular year and factors that influence sales. Y- sales(in thou $); X1- promotional accounts; X2- active accounts; X3- competing brands; X4- potential
Table 3.5
LET 1 2 3 4 5
Y X1 X2 X3 X4
79.3 5.5 31 10 8
200.1 2.5 55 8 6
163.2 8 67 12 9
200.1 3 50 7 16
146 3 38 8 15
177.7 2.9 71 12 17
30.9 8 30 12 8
The pearson correlation coefficient ofsales and potential?
Interpret the relationship betweenpromotional and active accounts?
A positive moderate relationship is nottrue in active accounts and competing brands. True or false
The correlation of sales and promotional accounts, keeping competing brands constant?
Ofthe 4 independent variables , only the active accounts is highly related to sales. True or false
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