Question
Conduct a correlation analysis of net sales and age. Use the results to answer the question for Parts A, B, and C. A. State the
Conduct a correlation analysis of net sales and age. Use the results to answer the question for Parts A, B, and C.
A. State the null and alternate hypothesisfor the above test.
1. Ho: 1=0; H1: 10
2. Ho: 1=0; H1: 1>0
3. Ho: r=0; H1: r>0
4. Ho: r=0; H1: r0
B. What is the value of the correlation coefficient?
_____________________________________________________
C. Based on the results, what conclusion should be drawn? Test at a level of significance of 0.05.
1. Accept the null hypothesis
2. Do not reject the null hypothesis
3. Reject the null hypothesis
4. Insufficient information to draw a conclusion
Data Set listed below:
Customer | Store location | Type of Customer | Items | Net Sales | Method of Payment | Gender | Marital Status | Age |
1 | A | Regular | 1 | $39.50 | Discover | Male | Married | 32 |
2 | B | Promotional | 1 | $102.40 | Proprietary Card | Female | Married | 36 |
3 | B | Regular | 1 | $22.50 | Proprietary Card | Female | Married | 32 |
4 | A | Promotional | 5 | $100.40 | Proprietary Card | Female | Married | 28 |
5 | C | Regular | 2 | $54.00 | MasterCard | Female | Married | 34 |
6 | A | Regular | 1 | $44.50 | MasterCard | Female | Married | 44 |
7 | A | Promotional | 2 | $78.00 | Proprietary Card | Female | Married | 30 |
8 | A | Regular | 1 | $22.50 | Visa | Female | Married | 40 |
9 | B | Promotional | 2 | $56.52 | Proprietary Card | Female | Married | 46 |
10 | A | Regular | 1 | $44.50 | Proprietary Card | Female | Married | 36 |
11 | C | Regular | 1 | $29.50 | Proprietary Card | Female | Married | 48 |
12 | C | Promotional | 1 | $31.60 | Proprietary Card | Female | Married | 40 |
13 | B | Promotional | 9 | $160.40 | Visa | Female | Married | 40 |
14 | B | Promotional | 2 | $64.50 | Visa | Female | Married | 46 |
15 | B | Regular | 1 | $49.50 | Visa | Male | Single | 24 |
16 | A | Promotional | 2 | $71.40 | Proprietary Card | Male | Single | 36 |
17 | A | Promotional | 3 | $94.00 | Proprietary Card | Female | Single | 22 |
18 | C | Regular | 3 | $54.50 | Discover | Female | Married | 40 |
19 | B | Promotional | 2 | $38.50 | MasterCard | Female | Married | 32 |
20 | A | Promotional | 6 | $44.80 | Proprietary Card | Female | Married | 56 |
21 | C | Promotional | 1 | $31.60 | Proprietary Card | Female | Single | 28 |
22 | A | Promotional | 4 | $70.82 | Proprietary Card | Female | Married | 38 |
23 | B | Promotional | 7 | $266.00 | American Express | Female | Married | 50 |
24 | C | Regular | 2 | $74.00 | Proprietary Card | Female | Married | 42 |
25 | C | Promotional | 2 | $39.50 | Visa | Male | Married | 48 |
26 | B | Promotional | 1 | $30.02 | Proprietary Card | Female | Married | 60 |
27 | A | Regular | 1 | $44.50 | Proprietary Card | Female | Married | 54 |
28 | B | Promotional | 5 | $192.80 | Proprietary Card | Female | Single | 42 |
29 | B | Promotional | 3 | $71.20 | Proprietary Card | Female | Married | 32 |
30 | C | Promotional | 1 | $18.00 | Proprietary Card | Female | Married | 70 |
31 | C | Promotional | 2 | $63.20 | MasterCard | Female | Married | 28 |
32 | A | Regular | 1 | $75.00 | Proprietary Card | Female | Married | 52 |
33 | B | Promotional | 3 | $63.20 | Proprietary Card | Female | Married | 44 |
34 | C | Regular | 1 | $40.00 | Proprietary Card | Female | Married | 34 |
35 | A | Promotional | 5 | $105.50 | MasterCard | Female | Married | 56 |
36 | C | Regular | 1 | $29.50 | MasterCard | Male | Single | 36 |
37 | C | Regular | 2 | $102.50 | Visa | Female | Single | 42 |
38 | B | Promotional | 6 | $117.50 | Proprietary Card | Female | Married | 50 |
39 | A | Promotional | 5 | $13.23 | Proprietary Card | Female | Married | 44 |
40 | B | Regular | 2 | $52.50 | Proprietary Card | Female | Married | 58 |
41 | A | Promotional | 13 | $198.80 | Proprietary Card | Female | Married | 42 |
42 | B | Promotional | 4 | $19.50 | Visa | Female | Married | 46 |
43 | A | Regular | 2 | $123.50 | Proprietary Card | Female | Married | 48 |
44 | A | Promotional | 1 | $62.40 | Proprietary Card | Female | Married | 54 |
45 | C | Promotional | 2 | $23.80 | Proprietary Card | Female | Married | 38 |
46 | C | Promotional | 2 | $39.60 | Proprietary Card | Female | Married | 60 |
47 | A | Regular | 1 | $25.00 | MasterCard | Female | Married | 46 |
48 | A | Promotional | 3 | $63.64 | Proprietary Card | Female | Married | 30 |
49 | A | Promotional | 1 | $14.82 | Proprietary Card | Female | Married | 32 |
50 | B | Promotional | 9 | $145.20 | MasterCard | Female | Married | 46 |
51 | A | Promotional | 6 | $176.62 | Proprietary Card | Female | Married | 38 |
52 | C | Promotional | 5 | $118.80 | Proprietary Card | Male | Married | 68 |
53 | A | Regular | 1 | $58.00 | Discover | Female | Single | 78 |
54 | C | Regular | 2 | $74.00 | Visa | Female | Single | 20 |
55 | B | Regular | 2 | $49.50 | MasterCard | Female | Married | 32 |
56 | B | Promotional | 3 | $141.60 | Proprietary Card | Female | Married | 38 |
57 | B | Promotional | 6 | $123.10 | Proprietary Card | Female | Married | 54 |
58 | C | Promotional | 2 | $80.40 | Proprietary Card | Female | Married | 48 |
59 | B | Promotional | 4 | $65.20 | MasterCard | Female | Married | 46 |
60 | A | Promotional | 4 | $113.00 | Proprietary Card | Female | Single | 50 |
61 | A | Promotional | 1 | $108.80 | Proprietary Card | Female | Married | 46 |
62 | A | Promotional | 3 | $59.91 | Proprietary Card | Female | Single | 30 |
63 | B | Promotional | 5 | $53.60 | Proprietary Card | Female | Married | 54 |
64 | A | Promotional | 1 | $31.60 | Proprietary Card | Female | Single | 42 |
65 | A | Promotional | 2 | $49.50 | Proprietary Card | Female | Married | 48 |
66 | B | Promotional | 1 | $39.60 | Proprietary Card | Female | Married | 62 |
67 | C | Promotional | 2 | $59.50 | Proprietary Card | Female | Married | 34 |
68 | A | Promotional | 5 | $146.80 | Proprietary Card | Female | Married | 28 |
69 | A | Promotional | 2 | $47.20 | Proprietary Card | Male | Married | 46 |
70 | B | Promotional | 8 | $95.05 | Proprietary Card | Female | Married | 54 |
71 | C | Promotional | 5 | $155.32 | Proprietary Card | Female | Married | 30 |
72 | A | Promotional | 4 | $58.00 | MasterCard | Female | Married | 32 |
73 | C | Regular | 1 | $69.00 | Proprietary Card | Female | Single | 22 |
74 | A | Promotional | 2 | $46.50 | Proprietary Card | Female | Married | 32 |
75 | B | Promotional | 2 | $45.22 | Proprietary Card | Female | Married | 74 |
76 | B | Promotional | 4 | $84.74 | Proprietary Card | Female | Married | 62 |
77 | B | Regular | 2 | $39.00 | Proprietary Card | Female | Married | 42 |
78 | A | Promotional | 4 | $111.14 | Proprietary Card | Female | Married | 28 |
79 | A | Promotional | 3 | $86.80 | Proprietary Card | Female | Married | 38 |
80 | B | Regular | 2 | $89.00 | Discover | Female | Married | 54 |
81 | C | Promotional | 2 | $78.00 | MasterCard | Female | Married | 68 |
82 | B | Promotional | 6 | $53.20 | Proprietary Card | Female | Single | 30 |
83 | A | Promotional | 4 | $58.50 | Visa | Female | Married | 36 |
84 | C | Promotional | 3 | $46.00 | Proprietary Card | Female | Married | 44 |
85 | B | Regular | 2 | $37.50 | Visa | Female | Married | 44 |
86 | B | Promotional | 1 | $20.80 | Proprietary Card | Female | Married | 62 |
87 | C | Regular | 6 | $144.00 | MasterCard | Female | Single | 48 |
88 | C | Regular | 4 | $107.00 | Proprietary Card | Female | Married | 36 |
89 | C | Promotional | 1 | $31.60 | Proprietary Card | Female | Single | 20 |
90 | C | Promotional | 6 | $57.60 | Proprietary Card | Female | Married | 42 |
91 | B | Promotional | 4 | $95.20 | Proprietary Card | Female | Married | 54 |
92 | A | Promotional | 1 | $22.42 | Proprietary Card | Female | Married | 54 |
93 | B | Regular | 5 | $159.75 | Proprietary Card | Female | Married | 72 |
94 | A | Promotional | 17 | $229.50 | Proprietary Card | Female | Married | 30 |
95 | A | Regular | 3 | $66.00 | American Express | Female | Married | 46 |
96 | C | Regular | 1 | $39.50 | MasterCard | Female | Married | 44 |
97 | C | Promotional | 9 | $253.00 | Proprietary Card | Female | Married | 30 |
98 | C | Promotional | 10 | $287.59 | Proprietary Card | Female | Married | 52 |
99 | A | Promotional | 2 | $47.60 | Proprietary Card | Female | Married | 30 |
100 | B | Promotional | 1 | $28.44 | Proprietary Card | Female | Married | 44 |
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