Below are percentages for annual sales growth and net sales attributed to loyalty card usage at 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       0.7     38     7.3       1.5   2   -6.9       2.5     39     7.4       1.7   3   -5.1       1.6     40     7.7       2.3   4   -4.7       1.4     41     8.0       2.0   5   -3.8       2.5     42     8.0       1.6   6   -1.7       1.5     43     8.3       1.9   7   -1.7       2.6     44     8.4       2.0   8   -1.6       2.4     45     8.6       2.2   9   -1.1       2.2     46     8.6       1.6   10   -1.0       1.9     47     8.7       0.9   11   0.4       1.2     48     8.9       1.7   12   0.6       0.5     49     9.4       1.6   13   0.6       2.1     50     9.5       1.3   14   1.0       1.3     51     9.5       2.1   15   1.3       2.0     52     10.5       2.6   16   1.7       2.5     53     10.6       2.2   17   1.8       2.7     54     10.8       2.1   18   1.9       2.1     55     10.9       0.7   19   4.0       0.5     56     11.6       1.2   20   4.1       2.6     57     11.6       2.0   21   4.2       1.5     58     11.7       0.9   22   4.3       2.2     59     11.9       2.3   23   4.6       1.9     60     12.0       2.7   24   4.6       1.2     61     13.6       1.2   25   5.0       2.2     62     13.7       1.4   26   5.2       1.3     63     13.7       2.2   27   5.5       2.1     64     14.3       0.7   28   5.6       1.6     65     15.3       2.5   29   5.9       2.7     66     15.9       2.5   30   5.9       1.7     67     17.0       0.6   31   6.2       2.4     68     17.5       1.7   32   6.3       2.5     69     18.4       2.2   33   6.6       1.9     70     18.7       1.7   34   6.6       0.9     71     23.3       1.2   35   6.7       1.8     72     26.2       1.4   36   7.0       2.3     73     26.8       0.7   37   7.3       1.9     74     27.4       2.7          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.)    r               (c-1) To test the correlation coefficient for significance at α = 0.01, fill in the following. (Use the rounded value of the correlation coefficient from part b in all calculations. For final answers, round tcalc to 3 decimal places and the p-value to 4 decimal places. Negative values should be indicated by a minus sign.)         tcalc   p-value

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Below are percentages for annual sales growth and net sales attributed to loyalty card usage at 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       0.7     38     7.3       1.5  
2   -6.9       2.5     39     7.4       1.7  
3   -5.1       1.6     40     7.7       2.3  
4   -4.7       1.4     41     8.0       2.0  
5   -3.8       2.5     42     8.0       1.6  
6   -1.7       1.5     43     8.3       1.9  
7   -1.7       2.6     44     8.4       2.0  
8   -1.6       2.4     45     8.6       2.2  
9   -1.1       2.2     46     8.6       1.6  
10   -1.0       1.9     47     8.7       0.9  
11   0.4       1.2     48     8.9       1.7  
12   0.6       0.5     49     9.4       1.6  
13   0.6       2.1     50     9.5       1.3  
14   1.0       1.3     51     9.5       2.1  
15   1.3       2.0     52     10.5       2.6  
16   1.7       2.5     53     10.6       2.2  
17   1.8       2.7     54     10.8       2.1  
18   1.9       2.1     55     10.9       0.7  
19   4.0       0.5     56     11.6       1.2  
20   4.1       2.6     57     11.6       2.0  
21   4.2       1.5     58     11.7       0.9  
22   4.3       2.2     59     11.9       2.3  
23   4.6       1.9     60     12.0       2.7  
24   4.6       1.2     61     13.6       1.2  
25   5.0       2.2     62     13.7       1.4  
26   5.2       1.3     63     13.7       2.2  
27   5.5       2.1     64     14.3       0.7  
28   5.6       1.6     65     15.3       2.5  
29   5.9       2.7     66     15.9       2.5  
30   5.9       1.7     67     17.0       0.6  
31   6.2       2.4     68     17.5       1.7  
32   6.3       2.5     69     18.4       2.2  
33   6.6       1.9     70     18.7       1.7  
34   6.6       0.9     71     23.3       1.2  
35   6.7       1.8     72     26.2       1.4  
36   7.0       2.3     73     26.8       0.7  
37   7.3       1.9     74     27.4       2.7  
 

 

 

 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.)
  
r            
 
(c-1) To test the correlation coefficient for significance at α = 0.01, fill in the following. (Use the rounded value of the correlation coefficient from part b in all calculations. For final answers, round tcalc to 3 decimal places and the p-value to 4 decimal places. Negative values should be indicated by a minus sign.)

 

 

   
tcalc  
p-value  
 
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