Below are percentages for annual sales growth and net sales attributed to loyalty card usage at...

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Statistics

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)
StoreGrowth%Loyalty%StoreGrowth%Loyalty%
1-6.61.9387.41.2
2-6.22.3397.51.7
3-6.12.2407.52.0
4-5.92.0417.51.4
5-3.82.3427.61.2
6-1.91.7437.61.9
7-1.91.9447.91.9
8-1.81.3458.11.7
9-0.91.6468.32.7
10-0.52.3478.70.7
110.41.9488.92.0
120.41.4498.91.3
130.62.3508.92.2
140.82.2519.21.7
150.82.05210.81.8
161.01.65310.91.5
171.81.35410.91.6
182.02.45511.22.5
194.00.75611.22.4
204.21.45711.41.3
214.32.45811.60.6
224.31.25911.92.4
234.42.56011.91.3
244.62.76113.01.5
255.01.56214.71.8
265.21.76314.82.0
275.31.56415.42.4
285.71.96515.81.3
295.82.56617.62.2
306.01.86717.70.5
316.42.26818.11.9
326.61.56918.31.6
336.62.07018.42.2
346.71.47121.41.7
356.82.07223.81.7
367.22.07324.20.6
377.32.37425.62.0


(b) Find the correlation coefficient.(Round your answer to 3 decimal places. A negative valueshould be indicated by a minus sign.)
  
r          

(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.)

tcalc
p-value


(c-2) There is no significant correlation.
  

  • False

  • True



(d) Does it appear that increased loyalty cardusage is associated with decreased sales growth?
  

  • Yes

  • No

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Answer & Explanation Solved by verified expert
3.6 Ratings (473 Votes)
b the correlation coefficient r 0201calpha 01HypothesisH00HA0t cal rSQRTn21r2 0201SQRT742102012 1741P    See Answer
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