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Correlation and Regression - Notes on Data, Correlation and Regression

Autor:   •  August 1, 2018  •  Coursework  •  3,933 Words (16 Pages)  •  637 Views

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Notes on Data, Correlation and Regression

Consider the following dataset. We will review its properties.

TDLinx

Chain

Cluster

ACV

ACV Rank

Current

Pop

Current

Households

Median

HHincome

Quality Rating*

16317

WEGMANS

Mid Down Suburbs

39000000

1

35563

14268

47401

6.3

16167

WEGMANS

Small Town Living

31200000

2

85254

32014

41585

6.7

16245

WEGMANS

Inner City

26000000

3

65608

26884

42479

4.8

16321

WEGMANS

Mid Down Suburbs

26000000

4

31958

12266

54267

5.4

16166

TOPS

Small Town Living

15600000

5

49854

19582

37419

6.6

16267

TOPS

Small Town Living

15600000

6

46238

16743

38504

6.9

16458

WEGMANS

Inner City

11700000

7

40999

19603

26505

2.8

16110

TOPS

Rural America

6500000

8

9379

3617

35438

6.8

16044

TOPS

Rural America

5200000

9

25599

9033

48715

6.2

16125

TOPS

Rural America

5200000

10

17964

6666

34845

6.7

16132

TOPS

Rural America

5200000

11

5840

2635

30836

6.4

16153

TOPS

Rural America

4680000

12

6795

2572

34000

5.7

16041

TOPS

Rural America

4160000

13

3768

1441

37958

5.9

16063

TOPS

Rural America

3640000

14

2595

872

33865

5.4

16101

TOPS

Rural America

3640000

15

2612

1019

33816

6.1

16129

TOPS

Rural America

3640000

16

5765

2236

32832

6.3

16145

TOPS

Rural America

3640000

17

7202

2553

35840

6.3

16149

TOPS

Small Town Living

3640000

18

2370

1060

35963

5.9

16130

TOPS

Rural America

3120000

19

5060

1942

35871

5.4

16142

TOPS

Rural America

3120000

20

9351

3508

36766

5.6

16112

TOPS

Rural America

2600000

21

23275

7580

35392

3.7

16141

TOPS

Small Town Living

2600000

22

12833

4679

46467

6.4

16124

TOPS

Rural America

2080000

23

5401

2126

32662

5.7

16156

TOPS

Rural America

1560000

24

3565

1407

36734

4.3

* Average rating by samples of customers on a 7 pt. scale. 

...

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