Below are percentages for annual sales growth andnet sales attributed to loyalty card usage at 74 Noodles& Company restaurants.
Annual Sales Growth (px;) and Loyalty Card Usage(px; of Net Sales) (n = 74 restaurants) |
Store | Growth% | | Loyalty% | | Store | | Growth% | | Loyalty% |
1 | | -6.6 | | | | 1.9 | | | 38 | | | 7.4 | | | | 1.2 | |
2 | | -6.2 | | | | 2.3 | | | 39 | | | 7.5 | | | | 1.7 | |
3 | | -6.1 | | | | 2.2 | | | 40 | | | 7.5 | | | | 2.0 | |
4 | | -5.9 | | | | 2.0 | | | 41 | | | 7.5 | | | | 1.4 | |
5 | | -3.8 | | | | 2.3 | | | 42 | | | 7.6 | | | | 1.2 | |
6 | | -1.9 | | | | 1.7 | | | 43 | | | 7.6 | | | | 1.9 | |
7 | | -1.9 | | | | 1.9 | | | 44 | | | 7.9 | | | | 1.9 | |
8 | | -1.8 | | | | 1.3 | | | 45 | | | 8.1 | | | | 1.7 | |
9 | | -0.9 | | | | 1.6 | | | 46 | | | 8.3 | | | | 2.7 | |
10 | | -0.5 | | | | 2.3 | | | 47 | | | 8.7 | | | | 0.7 | |
11 | | 0.4 | | | | 1.9 | | | 48 | | | 8.9 | | | | 2.0 | |
12 | | 0.4 | | | | 1.4 | | | 49 | | | 8.9 | | | | 1.3 | |
13 | | 0.6 | | | | 2.3 | | | 50 | | | 8.9 | | | | 2.2 | |
14 | | 0.8 | | | | 2.2 | | | 51 | | | 9.2 | | | | 1.7 | |
15 | | 0.8 | | | | 2.0 | | | 52 | | | 10.8 | | | | 1.8 | |
16 | | 1.0 | | | | 1.6 | | | 53 | | | 10.9 | | | | 1.5 | |
17 | | 1.8 | | | | 1.3 | | | 54 | | | 10.9 | | | | 1.6 | |
18 | | 2.0 | | | | 2.4 | | | 55 | | | 11.2 | | | | 2.5 | |
19 | | 4.0 | | | | 0.7 | | | 56 | | | 11.2 | | | | 2.4 | |
20 | | 4.2 | | | | 1.4 | | | 57 | | | 11.4 | | | | 1.3 | |
21 | | 4.3 | | | | 2.4 | | | 58 | | | 11.6 | | | | 0.6 | |
22 | | 4.3 | | | | 1.2 | | | 59 | | | 11.9 | | | | 2.4 | |
23 | | 4.4 | | | | 2.5 | | | 60 | | | 11.9 | | | | 1.3 | |
24 | | 4.6 | | | | 2.7 | | | 61 | | | 13.0 | | | | 1.5 | |
25 | | 5.0 | | | | 1.5 | | | 62 | | | 14.7 | | | | 1.8 | |
26 | | 5.2 | | | | 1.7 | | | 63 | | | 14.8 | | | | 2.0 | |
27 | | 5.3 | | | | 1.5 | | | 64 | | | 15.4 | | | | 2.4 | |
28 | | 5.7 | | | | 1.9 | | | 65 | | | 15.8 | | | | 1.3 | |
29 | | 5.8 | | | | 2.5 | | | 66 | | | 17.6 | | | | 2.2 | |
30 | | 6.0 | | | | 1.8 | | | 67 | | | 17.7 | | | | 0.5 | |
31 | | 6.4 | | | | 2.2 | | | 68 | | | 18.1 | | | | 1.9 | |
32 | | 6.6 | | | | 1.5 | | | 69 | | | 18.3 | | | | 1.6 | |
33 | | 6.6 | | | | 2.0 | | | 70 | | | 18.4 | | | | 2.2 | |
34 | | 6.7 | | | | 1.4 | | | 71 | | | 21.4 | | | | 1.7 | |
35 | | 6.8 | | | | 2.0 | | | 72 | | | 23.8 | | | | 1.7 | |
36 | | 7.2 | | | | 2.0 | | | 73 | | | 24.2 | | | | 0.6 | |
37 | | 7.3 | | | | 2.3 | | | 74 | | | 25.6 | | | | 2.0 | |
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(b) Find the correlation coefficient.(Round your answer to 3 decimal places. A negative valueshould be indicated by a minus sign.)
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(c-1) To test the correlation coefficient forsignificance at α = 0.1, fill in the following.(Use the rounded value of the correlationcoefficient from part b in all calculations. For final answers,round tcalc to 3 decimal places and thep-value to 4 decimal places. Negative values should beindicated by a minus sign.)
(c-2) There is no significant correlation.
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(d) Does it appear that increased loyalty cardusage is associated with decreased sales growth?
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