Question
Below are percentages for annual sales growth and net sales attributed to loyalty card usage at 74 Noodles & Company restaurants. Annual Sales Growth (px;)
Below are percentages forannual sales growthandnet sales attributed to loyalty card usageat 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 | -7.8 | 0.6 | 38 | 7.2 | 1.4 |
2 | -6.9 | 2.1 | 39 | 7.3 | 1.5 |
3 | -6.8 | 2.7 | 40 | 7.7 | 1.3 |
4 | -6.0 | 2.7 | 41 | 8.0 | 1.9 |
5 | -4.6 | 2.4 | 42 | 8.1 | 2.6 |
6 | -1.8 | 2.7 | 43 | 8.3 | 2.4 |
7 | -1.8 | 1.8 | 44 | 8.4 | 1.7 |
8 | -0.5 | 1.6 | 45 | 8.4 | 2.3 |
9 | -0.4 | 2.1 | 46 | 8.7 | 2.2 |
10 | -0.3 | 2.4 | 47 | 9.1 | 0.8 |
11 | 0.8 | 1.8 | 48 | 9.5 | 2.1 |
12 | 0.9 | 0.9 | 49 | 9.5 | 1.7 |
13 | 0.9 | 2.2 | 50 | 9.5 | 2.0 |
14 | 0.9 | 1.2 | 51 | 9.5 | 2.5 |
15 | 1.0 | 2.7 | 52 | 10.5 | 1.9 |
16 | 1.6 | 1.9 | 53 | 10.8 | 2.0 |
17 | 1.7 | 1.4 | 54 | 10.9 | 2.3 |
18 | 1.8 | 1.5 | 55 | 11.2 | 0.7 |
19 | 4.1 | 0.5 | 56 | 11.3 | 1.3 |
20 | 4.1 | 2.4 | 57 | 11.6 | 1.3 |
21 | 4.4 | 2.7 | 58 | 11.6 | 0.8 |
22 | 4.5 | 1.3 | 59 | 11.8 | 2.3 |
23 | 4.5 | 1.2 | 60 | 11.8 | 2.7 |
24 | 4.8 | 2.1 | 61 | 14.0 | 1.8 |
25 | 4.8 | 2.1 | 62 | 14.5 | 2.4 |
26 | 5.7 | 2.0 | 63 | 14.5 | 1.6 |
27 | 5.8 | 1.5 | 64 | 15.4 | 0.9 |
28 | 6.3 | 1.5 | 65 | 15.9 | 1.5 |
29 | 6.4 | 2.3 | 66 | 17.2 | 1.6 |
30 | 6.4 | 2.4 | 67 | 17.2 | 0.8 |
31 | 6.4 | 1.8 | 68 | 17.6 | 1.3 |
32 | 6.4 | 2.7 | 69 | 18.9 | 2.5 |
33 | 6.6 | 2.5 | 70 | 18.9 | 1.3 |
34 | 6.7 | 0.7 | 71 | 24.1 | 1.6 |
35 | 6.8 | 1.7 | 72 | 26.4 | 1.7 |
36 | 6.9 | 2.0 | 73 | 27.9 | 0.5 |
37 | 6.9 | 2.6 | 74 | 28.8 | 1.7 |
Click here for the Excel Data File (b)Find the correlation coefficient.(Round your answer to 3 decimal places. A negative value should be indicated by a minus sign.)
(c-1)To test the correlation coefficient for significance at= 0.05, fill in the following.(Use the rounded value of the correlation coefficient from part b in all calculations. For final answers, roundtcalcto 3 decimal places and thep-value to 4 decimal places. Negative values should be indicated by a minus sign.)
(c-2)There is no significant correlation.
multiple choice 1
- False
- True
(d)Does it appear that increased loyalty card usage is associated with decreased sales growth? multiple choice 2
- Yes
- No
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