I love maths and numbers nearly as much as I love gravy.
The first question I am going to tackle is – “Is it worth paying more for a roast dinner?”.
I listed the 30 roasts reviewed so far in two columns on Excel, one with the score, the other with the price. I then produced a scatter-diagram:
But I didn’t want to take that for granted so I ran a correlation test using the Data Analysis package in Excel, and it gave me a score of 0.55.
Now there are more precise statistical methods to determine the significance of a correlation score, however for the sake of my audience (and also partly my brain as it is 17 years since I did A-level Maths) I will just use the general guidelines that anything over 0.5 is a strong correlation.
As it is a positive number, this is a strong correlation and proves that for our sample, you do get what you pay for.
If you want a better roast dinner, pay more money.
I hope you enjoyed this – if you have any suggestions of analysis that you would like to see, please do message me.