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Results
The MEANS Procedure
1.
Analysis Variable : Profit Profit in USD
Year N Obs Mean Std Dev Minimum Maximum N
1999 22858212.6875739.76288.8000000444409.07228
2000 22870875.3892578.11278.6000000552970.51228
2001 22860324.7478098.95209.8000000451698.60228
2002 22869732.1588724.31256.2000000474326.59228
Generated by the SAS System ('SASApp', X64_SR12R2) on May 12, 2017 at 11:11:09 AM
Using summary statistics we can see that max profit was in year 2000 and the minimum was in year
1999. 2002 was second followed by 2001.
2002 Children 92
2002 Children 14
2002 Children 39
2002 Sports 88
2002 Children 35
2002 Children 35
Then we use one way anova taking quantity as dependent and product line as independent variable we
get the following table using levenes test and tukeys hsd range
Level of Quantity
Product_Line N Mean Std Dev
Children 44 840.75000 806.05661
Clothes & Shoes721674.625002009.64519
Outdoors 281963.321431553.59123
Sports 841780.416671780.38058
Generated by the SAS System ('SASApp', X64_SR12R2) on May 12, 2017 at 11:25:50 AM
Alpha 0.05
Error Degrees of Freedom 224
Error Mean Square 2870278
Critical Value of Studentized Range 3.66058
Comparisons significant at the 0.05 level are indicated by ***.
Difference
Product_Line Between Simultaneous 95% Confidence
Comparison Means Limits
Outdoors - Sports 182.9 -774.0 1139.9
Outdoors - Clothes & Shoes 288.7 -688.0 1265.4
Outdoors - Children 1122.6 62.4 2182.7 ***
Sports - Outdoors -182.9 -1139.9 774.0
Sports - Clothes & Shoes 105.8 -598.5 810.1
Sports - Children 939.7 123.6 1755.8 ***
Clothes & Shoes - Outdoors -288.7 -1265.4 688.0
Clothes & Shoes - Sports -105.8 -810.1 598.5
Clothes & Shoes - Children 833.9 -5.3 1673.0
Children - Outdoors -1122.6 -2182.7 -62.4 ***
Children - Sports -939.7 -1755.8 -123.6 ***
Children - Clothes & Shoes -833.9 -1673.0 5.3
Generated by the SAS System ('SASApp', X64_SR12R2) on May 12, 2017 at 11:25:50 AM
Ans 3.
Product Line: Children
Pearson Correlation Coefficients, N = 176
Prob > |r| under H0: Rho=0
Quantity
Profit 0.95788
Profit in USD <.0001
Total_Retail_Price 0.96283
Total Retail Price in USD <.0001
From the above tables, we can deduce that Product Lines Outdoors & Sports have the lowest
association of Quantity with profit and total retail price. (0.69035)
Based on the association with year and product we can find the value for chi sq test
Based on association with year and product line we can find the value for chi square test.
In this we have discussed about the correlations with profit , quantity and total retail price to have a clear picture of profit
with quantity produced and retail price.
ss
We can do summary sttistics for profit and product line so we can see which product line
contributes to max profits
We have also discussed about the correlations with profit , quantity and total retail price
which will give us a clear picture of profit with quantity produced and retail price .
Based on association with year and product line we can find the value for chi square test.
In this we have discussed about the correlations with profit , quantity and total retail price to have a clear picture of
profit with