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Descriptive statistics concerning the relationship between age and net sales (correlation coefficient) what is the independent...

Descriptive statistics concerning the relationship between age and net sales (correlation coefficient)

what is the independent variable and the dependent variable?

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Answer #1

A) Relationship between age and net sales are helpful for depratmental stores to understand out target customers and sales increase. there are some parameters are required to explain relationship age and sales are as under:

1. Sales data

2, Customer Age, Marital Status, Type of Customers. Gender Etc)

B) Independent Variables are those variables which can not be changed. For example, age of a person might be an independent variable. Other factors (such as what they eat, how much they go to school, how much television they watch) aren't going to change a person's age.

Dependent Variable are those variables which are completly dependent on other fectors. For Example, Credit rating of a person is depend on its timely repayment of loan.

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