Bi-lo Appliance Super-Store has outlets in several large metropolitan areas in N
ID: 3262051 • Letter: B
Question
Bi-lo Appliance Super-Store has outlets in several large metropolitan areas in New England. The general sales manager aired a commercial for a digital camera on selected local TV stations prior to a sale starting on Saturday and ending Sunday. She obtained the information for Saturday-Sunday digital camera sales at the various outlets and paired it with the number of times the advertisement was shown on the local TV stations. The purpose is to find whether there is any relationship between the number of times the advertisement was aired and digital camera sales. The pairings are Location of TV Station Providence Springfield New Haven Boston Hartford Number of Airings 4 Saturday-Sunday Sales (S thousands) 21 24 17 6 lick here a. What is the dependent variable? Sales ' is the dependent variable c. Determine the correlation coefficient. (Round your answer to 2 decimal places.) Coefficient of correlation d. Interpret these statistical measures The statistical measures obtained here indicate a strong positive correlation between the variablesExplanation / Answer
a) Sales is the dependent variable
c) CORREL(A1:A5, B1:B5) = 0.93
Where A1: A5 contains No of Airings and B1: B5 contains sales
d) A Strong positive (Since correlation is close to 1)
e) 12.320
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.