Look at the four categories below (2-5). Take a guess at which two variables wil
ID: 3226453 • Letter: L
Question
Look at the four categories below (2-5). Take a guess at which two variables will yield the highest correlation coefficient. Put an answer here. Just guess.
Identify the correlation coefficient for the following (use your store data sheet):
2. Transaction and OppVol
3. Transaction and UPT
4. OppVol and Traffic
5. Traffic and UPT
Name Gender Sales Transactions Traffic UPT OppVol S. Teagle f 1573 60 117 5.56 456 V. Totalier m 2352 71 117 5.56 874 L. Wheeler m 2113 76 130 5.64 32 J. Brown f 2144 62 103 5.64 31 M. Scott m 2795 109 216 5.64 1316 M. Mayo f 2533 82 186 5.69 30 C. McMillion f 2113 88 162 5.8 173 I. McClean m 1526 50 130 5.82 618 A. Leaderis m 1701 55 111 6.02 784 S. Miller f 2579 77 216 6.02 951 J. Dixon f 2441 96 182 6.03 1050 P. Worlda f 1357 67 130 6.22 159 Z. Terrell f 1382 51 100 6.22 25 L. Thompson m 1966 70 216 6.28 147 M. Davis f 2311 81 93 6.28 52 M. Merrill f 1657 57 103 6.33 102 D. Arias m 2211 101 186 6.33 257 L. Endsoy m 2552 86 162 6.43 861 M. Clarke f 1095 104 182 6.51 259 E. Browning f 1699 55 93 6.52 34 S. Reda m 1652 95 111 6.62 258 T. Hags f 1107 69 182 6.71 357 R. Haug f 1756 72 186 6.81 132 J. Santiago m 1283 105 162 7.03 895 B. Wilson m 2255 55 91 7.03 64 UPT - Units per transaction OppVol - Missed Sales based on volumeExplanation / Answer
Look at the four categories below (2-5). Take a guess at which two variables will yield the highest correlation coefficient. Put an answer here. Just guess.
Transaction and Traffic appear to have highest correlation coefficient.
Identify the correlation coefficient for the following (use your store data sheet):
> cor(tt[,4:7])
Transactions Traffic UPT OppVol
Transactions 1.0000 0.5957 0.0899 0.396
Traffic 0.5957 1.0000 -0.0188 0.413
UPT 0.0899 -0.0188 1.0000 -0.188
OppVol 0.3957 0.4128 -0.1883 1.000
2. Transaction and OppVol
0.396
3. Transaction and UPT
0.0899
4. OppVol and Traffic
0.4128
5. Traffic and UPT
-0.0188
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