Correlating net profit per location

Assignment Help Basic Statistics
Reference no: EM1397752

I did a study correlating net profit per location with expenditures on an in-house promotion, and got a correlation of about .15, and that was received very well. If you are following up your correlation analysis with, say, factor analysis of cluster analysis, then a .6 or better correlation makes these subsequent analyses more valid.

Reference no: EM1397752

Questions Cloud

Estimate expected frequencies of individual progeny : Determine expected frequencies of each individual progeny possibility based on the 1.5 M.U. distance. Do this by showing a punnet square for frequencies.
Anova for rate of return : Suppose a stock analyst wants to determine whether there is a difference in the mean rate of returns for three types of stock - utility, retail, and banking.
Would this be a t-value distribution : Would this be a T-value distribution? Can you take me through the steps to determine upper and lower limits of a 95% confidence interval?
Anova for location for magazines : Emma's On-the-Go, a large convenience store, has to decide where in the store to put its magazine rack. The manager at Emma's experiments with a selection of different locations, choosing a sample of days at each location.
Correlating net profit per location : I did a study correlating net profit per location with expenditures on an in-house promotion, and got a correlation of about .15, and that was received very well.
How genes affect the length of hair : Chupacabras are mammals with hair length that varies from no hair to very long. It is known that two genes affect the length of a chupacabra's hair and that the genes have additive effects.
Describe the sympathoadrenal system control of blood flow : Describe the sympathoadrenal system control of blood flow. Include the neurotransmitter and effect in the arterioles of the viscera, the neurotransmitter and effect in the arterioles of skeletal muscle, and the hormonal effect in the arterioles of..
F distribution-anova : Why is the F distribution important? How do you determine if a significant difference exists among the groups in ANOVA? How do you determine differences between the groups in ANOVA?
Propose an explanation for how the sp gene affects colour : If you cross two dihybrid guinea pigs, ie B/b; SP/sp, what is the expected genotypic and phenotypic ratio of the offspring.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Average low temperature of a winter month

If the average low temperature of a winter month in Rochester, NY, is 16° and the standard deviation is 4.6 then according to Chebyshev's theorem, the percentage of average low temperatures in Rochester, NY, between 2.2° and 29.8° is %.

  Compute a p-value for the hypothesis test

test the hypothesis that the intake of linoleic acid in this group is lower than that of the general population. Also, compute a p-value for the hypothesis test.

  Number of granite selected for analysis

What is the probability that the number of granite selected for analysis is within 1 standard deviation of it means value.

  Probability for the debt for a borrower

What is the probability that the debt for a borrower with good credit is more than $18,000?

  Reliability and validity of research study

In teaching the role of statistical application in Health Science, the importance of reliable and valid data is very critical in research process.

  Findout the percentage of data among standard deviation

For a standard normal distribution, findout the percentage of data that are among 3 standard deviation below the mean also1 standard deviation above the mean.

  Normal dostribution for randomly selection

For a normal distribution, the probability of randomly selecting a z-score greater than z = -2.00 is p = .0228.

  Finding the regression equation

What is the predicted GPA if a person watches 12 hours of television per week?

  Finding number of questions by random guessing

Richard is one of test takers. Find out the number of questions he can expect to get right on test by random guessing.

  Calculating probability values using binomial distribution

Determine the probability that exactly 8 of them started smoking before 18 years of age.

  Sample size for population proportion

You are asked by the owner of the Starshine Motel to develop a customer satisfaction survey to determine the percentage of customers who are dissatisfied with service.

  Estimating the p-value of post-anesthesia care area

The post-anesthesia care area (recovery room) at St. Luke's Hospital in Maumee, Ohio, was recently enlarged. The hope was that with the enlargement the mean number of patients per day would be more than 25. A random sample of 15 days revealed the ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd