Given the yearly sales in yearly_sales .csv file, complete the following:
Show all the descriptive statistics of sales_total, including its standard deviation and variance. Correlation of number_of_order to sales_total.
Plot the scatter graph of number_of_order to sales_total.
Perform linear regression of number_of_order to sales_total.
Draw the line of best fit (abline) over your graph.
Perform T test as shown below and show your conclusion.
Perform ANOVA test as shown below and show your conclusion.
T test
Need Help Writing an Essay?
Tell us about your paper and we will find the best writer for your essay.
Write My Essay For MeThis is to test for the mean of one group; here we have sale_total. t.test(sales_total, mu = 249) # R command for t test
H0: mu = 249 # null hypothesis
H1: mu ≠ 249 # alternative hypothesis
Rejection level = 0.05 (implies 95% confidence level) Do not Reject H0 if p-value is <= 0.05
Reject H0 if p-value is > 0.05
ANOVA test
ANOVA is used to test the equality of mean for two groups; here we have Male and Female.anova(lm(data = myData, sales_total ~ factor(gender))) # R command for ANOVA test. H0: There is significant difference between Male and Female sales_total.
H1: There is no significant difference between Male and Female sales_total.
Rejection level = 0.05 (implies 95% confidence level)
Sample Solution
To complete this task, I will assume that the yearly_sales.csv file has been loaded into R and is stored as a data frame called “sales_df”.
Descriptive statistics of sales_total:
phpCopy codesummary(sales_df$sales_total)
sd(sales_df$sales_total)
var(sales_df$sales_total)
The correlation of number_of_order to sales_total:
bashCopy codecor(sales_df$number_of_order, sales_df$sales_total)
Plot the scatter graph of number_of_order
- Confidentiality & Authenticity Guaranteed
- Plagiarism Free Content Guarantee
- APPROVEDSCHOLARS Guarantee Timely Delivery of All Papers
- Quality & Reliability
- Papers Written from Scratch and to Your Instructions
- Qualified Writers Only
- APPROVEDSCHOLARS Allow Direct Contact With Your Writer
- Using APPROVEDSCHOLARS.COM Means Keeping Your Personal Information Secure
- 24/7 Customer Support