Below are percentages for annual sales growth and net sales attributed to loyalty card usage at...
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Below are percentages for annual sales growth and net sales attributed to loyalty card usage at 74 Noodies & Company restaurants. Annual Sales Growth () and Loyalty Card Usage (* of Net Sales) (n = 74 restaurants) Loyalty% Growth% Store Growth% Loyalty 1.6 Store 2.1 7.1 7.4 7.7 7.9 -8.3 38 -4.0 2.5 39 1.8 -3.9 1.7 40 2.2 -3.4 41 2.1 2.5 2.2 2.8 -3.3 42 8.1 -1.9 3.0 43 8.3 2.4 -0.8 2.3 44 8.5 3.1 -0.4 2.3 45 8.6 2.2 -0.2 46 1.3 1.8 2.2 8.7 8.8 -0.2 0.5 2.3 47 11 2.1 48 8.8 2.5 12 0.6 2.5 49 8.9 1.9 13 e.8 2.e 5e 9.1 2.0 14 1.9 51 9.5 10.2 2.0 2.4 15 2.8 2.0 52 2.2 2.1 2.6 53 10.7 11.0 16 2.2 17 2.8 2.2 54 e.3 18 2.9 2.1 55 11.3 1.9 19 4.0 56 11.4 11.5 11.7 1.9 1.9 20 4.8 2.2 57 2.2 21 4.8 6.7 58 2.6 22 4.8 2.0 59 11.8 2.2 4.2 68 11.9 12.5 23 1.8 2.1 24 4.6 2.1 61 2.0 25 5.1 2.5 62 12.8 0.9 26 5.1 2.6 63 13.8 1.1 27 5.5 5.9 5.9 2.8 64 14.1 3.4 28 2.8 65 14.2 1.2 29 1.4 66 14.6 2.1 30 6.8 67 14.9 15.4 16.2 17.2 2.0 0.9 31 6.1 2.1 68 2.2 32 6.1 2.1 69 1.7 33 6.1 2.7 70 2.4 34 6.3 6.6 2.e 71 18.4 2.8 35 2.0 72 20.8 1.1 36 6.9 1.6 73 25.5 0.6 37 6.9 1.9 74 28.8 1.8 (b) Find the correlation coefficient. (c-1) To test the correlation coefficient for significance at a = 0.05, fill in the following. tealc P-value (c-2) There is no significant correlation. O True False d) Does it appear that increased loyalty card usage is associated with decreased sales growth? Yes O No Below are percentages for annual sales growth and net sales attributed to loyalty card usage at 74 Noodies & Company restaurants. Annual Sales Growth () and Loyalty Card Usage (* of Net Sales) (n = 74 restaurants) Loyalty% Growth% Store Growth% Loyalty 1.6 Store 2.1 7.1 7.4 7.7 7.9 -8.3 38 -4.0 2.5 39 1.8 -3.9 1.7 40 2.2 -3.4 41 2.1 2.5 2.2 2.8 -3.3 42 8.1 -1.9 3.0 43 8.3 2.4 -0.8 2.3 44 8.5 3.1 -0.4 2.3 45 8.6 2.2 -0.2 46 1.3 1.8 2.2 8.7 8.8 -0.2 0.5 2.3 47 11 2.1 48 8.8 2.5 12 0.6 2.5 49 8.9 1.9 13 e.8 2.e 5e 9.1 2.0 14 1.9 51 9.5 10.2 2.0 2.4 15 2.8 2.0 52 2.2 2.1 2.6 53 10.7 11.0 16 2.2 17 2.8 2.2 54 e.3 18 2.9 2.1 55 11.3 1.9 19 4.0 56 11.4 11.5 11.7 1.9 1.9 20 4.8 2.2 57 2.2 21 4.8 6.7 58 2.6 22 4.8 2.0 59 11.8 2.2 4.2 68 11.9 12.5 23 1.8 2.1 24 4.6 2.1 61 2.0 25 5.1 2.5 62 12.8 0.9 26 5.1 2.6 63 13.8 1.1 27 5.5 5.9 5.9 2.8 64 14.1 3.4 28 2.8 65 14.2 1.2 29 1.4 66 14.6 2.1 30 6.8 67 14.9 15.4 16.2 17.2 2.0 0.9 31 6.1 2.1 68 2.2 32 6.1 2.1 69 1.7 33 6.1 2.7 70 2.4 34 6.3 6.6 2.e 71 18.4 2.8 35 2.0 72 20.8 1.1 36 6.9 1.6 73 25.5 0.6 37 6.9 1.9 74 28.8 1.8 (b) Find the correlation coefficient. (c-1) To test the correlation coefficient for significance at a = 0.05, fill in the following. tealc P-value (c-2) There is no significant correlation. O True False d) Does it appear that increased loyalty card usage is associated with decreased sales growth? Yes O No
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Related Book For
Applied Statistics in Business and Economics
ISBN: 978-0073521480
4th edition
Authors: David Doane, Lori Seward
Posted Date:
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