For oil prices

Correlation(r) between these two is -0.307. it shows that there is low degree
of negative correlation between them. And as r =.00094, it shows that .094%
change in Demand/sales is because of crude oil price.
2

Correlations
x
x

Pearson Correlation

y
1

-.307

Sig. (2-tailed)

.331

N
y

Pearson Correlation

12

12

-.307

Sig. (2-tailed)

.331

12

12

For Bank Rate

Correlation(r) between the two is -.27. It shows that there is moderate degree
of negative correlation between the two. And as r2 = .0729 i.e. almost 7%
change in Demand/sales is just because of change in interest rate.

Correlations
x
x

Pearson Correlation

y
1

Sig. (2-tailed)
N
y

Pearson Correlation
Sig. (2-tailed)
N

-.274
.443

10

10

-.274

.443
10

10