Question
Hello, please examine the correlations between previous month's sales and the other variables. What results stand out to you? If you were a marketing manager
Hello, please examine the correlations between previous month's sales and the other variables. What results stand out to you? If you were a marketing manager in charge of the telemarketing staff and operations, would the data suggest any actions to you?
My analysis-(I do notice the significance value (p-value) of .503 is less than the alpha .05 negative and the -.033 correlation with number of calls completed. Does this mean there's no significant relationship with previous month sales? is it true that correlations closer to 1 or -1 indicate stronger direct or inverse relationships b variables? If so, aren't they all close to 1 or -1 except for number of sales training modules completed? I also see there may be a strong correlation between prev month sales and months in tele-sales at company(.632 and .000), am I understanding correctly? If so, please explain why or why not) Thank you!
Correlations previous number of previous month sales training months in number of month sales conversion salersperson modules tele-sales at calls in hundreds rate (percent) age in years completed company completed previous month sales in Pearson 576* .513* 243* 632** .033 hundreds Correlation Sig. (2-tailed) 000 000 000 000 503 N 404 404 404 404 404 404 previous month Pearson 576** 1 318* . 124* 367* 489 conversion rate Correlation (percent) Sig. (2-tailed) 000 000 013 000 000 N 404 404 404 404 404 404 salersperson age in Pearson 513* 318* 1 037 519** 042 years Correlation Sig. (2-tailed) 000 000 458 000 395 N 404 404 404 404 404 404 number of sales Pearson 243* 124 037 1 -.158* -.007 training modules Correlation completed Sig. (2-tailed) 000 013 458 001 894 N 404 404 404 404 404 404 months in tele-sales at Pearson 632* 367* 519* -. 158* 1 -.076 company Correlation Sig. (2-tailed) 000 000 000 001 129 N 404 404 404 404 404 404 number of calls Pearson .033 489* 042 -.007 -.076 completed Correlation Sig. (2-tailed) 503 000 395 894 129 N 404 404 404 404 404 404 ** Correlation is significant at the 0.01 level (2-tailed). . Correlation is significant at the 0.05 level (2-tailed)Step by Step Solution
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