Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

9 On the CorrelationMatrix worksheet create a correlation matrix of three different variables. You have been given a random sample of customer data with age

9

On the CorrelationMatrix worksheet create a correlation matrix of three different variables. You have been given a random sample of customer data with age and gender along with the amount of money spent on a given visit to the spa. Since gender is listed as either male or female in the data set provided, you must first convert it to numerical nominal data using an IF function. In cell B2 use an IF function to show a1forMales and a2for Females. Copy the function down to cell B37. Use the Data Analysis add-in to create a correlation table using the data in B1:D37. Group the data by Columns and use the Labels in First Row option. Use cell F1 for the Output Range. Adjust the columns to be able to view the contents.

image text in transcribed
R C D F G H M Gender Gender (Nominal) Age Sales 2 Male 35 $63.76 3 Female 45 $181.52 Male 38 $145.08 Male 49 $153.39 6 Female 47 $233.09 Female 41 $192.25 8 Male 50 $132.59 9 Male 46 $130.28 10 Female 48 $293.97 11 Female 36 $166.98 12 Female 47 $165.18 13 Female 48 $252.05 14 Male 46 $161.94 15 Male 36 $156.14 16 Female 37 $279.18 17 Female 43 $261.67 3 Female 47 $261.25 19 Female 49 $262.73 20 Female 38 $204.02 21 Male 34 $52.44 22 Male 32 $61.21 23 Male 31 $80.12 24 Male 24 $71.00 25 Male 32 $85.74 26 Male 28 $56.27 27 Male 25 $62.89 28 Male 19 $42.63 29 Male 23 $58.35 30 Male 32 $65.74 31 Male 56 $296.88 32 Male 61 $121.88 33 Female 60 $177.52 34 Female 64 $184.46 35 Female 56 $190.96 36 Female 61 $222.53 37 Female 57 $232.54 38 CallCampaign OnlineOrder SpaTreatments RaffleAnalysis Sales Trend CorrelationMatrix

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Classical Mechanics

Authors: R Douglas Gregory

1st Edition

0511159242, 9780511159244

More Books

Students also viewed these Mathematics questions

Question

7 Explain the equity theory of motivation.

Answered: 1 week ago