SlideShare a Scribd company logo
1 of 17
- DEGREE OF ASSOCIATION
BETWEEN TWO VARIABLES
- TEST OF HOMOGENEITY
DEGREE OF ASSOCIATION BETWEEN
TWO VARIABLES
Association between two variables means the
values of one variable relate on some way to
the values of the other. It is usually measured
by correlation for two continuous variables
and by cross tabulation and a Chi-square test
for two categorial
Correlation is a statistical technique
that is used to measure and describe a
relationship between two variables.
Usually the two variables are simply
observed, not manipulated. The
correlation requires two scores from the
same individuals.
Correlation ranges from negative one to
positive one and is used to measure the
strength of a linear association between two
quantitative variables. A correlation closer to
negative one indicates a strong negative linear
where large values of one variables are
associated with small values of the other. Aa
correlation closer to positive linearity where
large values of the other. A correlation of 0
indicates there is no linear relationship. The
Figure shows pairs of variables with
A scatter plot can be used to visually
inspect whether there is as association
between two quantitative variables. If there
is a patter in the plot, the variables are
associated; if there is no plot, the variables
are associated; if there is no patter, the
variables are not associated
How do you determine an association
between two variables?
5
PRIMARY GOALS
Annual revenue growth
QUARTERLY PERFORMANCE
4.5
3.5
2.5
4.3
2.8
1.8
4.4
2.4
5.0
3.0
2.0
2.0
- 1.0 2.0 3.0 4.0 5.0 6.0
Q4
Q3
Q2
Q1
Series 1 Series 2 Series 3
Presentation title 7
AREAS OF GROWTH
Q1 4.5 2.3 1.7 5.0
Q2 3.2 5.1 4.4 3.0
Q3 2.1 1.7 2.5 2.8
Q4 4.5 2.2 1.7 7.0
Presentation title 8
BUSINESS OPPORTUNITIES ARE
LIKE BUSES. THERE'S ALWAYS
ANOTHER ONE COMING.
“
Richard Branson ”
9
MEET OUR TEAM
Presentation title 10
TAKUMA HAYASHI
President
MIRJAM NILSSON
Chief Executive Officer
FLORA BERGGREN​
Chief Operations Officer
RAJESH SANTOSHI​
VP Marketing
MEET OUR EXTENDED TEAM
TAKUMA HAYASHI
President
GRAHAM BARNES
VP Product
MIRJAM NILSSON
Chief Executive Officer
ROWAN MURPHY
SEO Strategist
FLORA BERGGREN​
Chief Operations Officer
ELIZABETH MOORE
Product Designer
RAJESH SANTOSHI​
VP Marketing
ROBIN KLINE
Content Developer
11
PLAN FOR PRODUCT LAUNCH
Presentation title 12
PLANNING
Synergize scalable
e-commerce
MARKETING
Disseminate
standardized
metrics
DESIGN
Coordinate e-
business
applications
STRATEGY
Foster holistically
superior
methodologies
LAUNCH
Deploy strategic
networks with
compelling e-
business needs
TIMELINE
13
SEP 20XX NOV 20XX JAN 20XX MAR 20XX MAY 20XX
Synergize scalable
e-commerce
Disseminate
standardized
metrics
Coordinate e-
business applications
Foster holistically
superior
methodologies
Deploy strategic
networks with
compelling e-
business needs
AREAS OF FOCUS
14
B2B MARKET SCENARIOS
• Develop winning strategies to keep
ahead of the competition
• Capitalize on low-hanging fruit to
identify a ballpark value
• Visualize customer directed
convergence
CLOUD-BASED OPPORTUNITIES
• Iterative approaches to corporate
strategy
• Establish a management framework
from the inside
HOW WE GET THERE
Presentation title 15
ROI
• Envision multimedia-
based expertise and
cross-media growth
strategies
• Visualize quality
intellectual capital
• Engage worldwide
methodologies with web-
enabled technologies
NICHE MARKETS
• Pursue scalable customer
service through
sustainable strategies
• Engage top-line web
services with cutting-edge
deliverables
SUPPLY CHAINS
• Cultivate one-to-one
customer service with
robust ideas
• Maximize timely
deliverables for real-time
schemas
SUMMARY
Presentation title 16
At Contoso, we believe in giving 110%. By using our next-
generation data architecture, we help organizations virtually
manage agile workflows. We thrive because of our market
knowledge and great team behind our product. As our CEO says,
"Efficiencies will come from proactively transforming how we do
business."
THANK YOU
Mirjam Nilsson​
mirjam@contoso.com
www.contoso.com

More Related Content

Similar to Degree of association between two variables-test of homogeneity.pptx

Hph7310week2winter2009narr
Hph7310week2winter2009narrHph7310week2winter2009narr
Hph7310week2winter2009narrSarah
 
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...ThinkInnovation
 
Supply Chain Metrics That Matter: A Focus on the Retail Industry - 16 FEB 2017
Supply Chain Metrics That Matter: A Focus on the Retail Industry - 16 FEB 2017Supply Chain Metrics That Matter: A Focus on the Retail Industry - 16 FEB 2017
Supply Chain Metrics That Matter: A Focus on the Retail Industry - 16 FEB 2017Lora Cecere
 
Correlational research
Correlational researchCorrelational research
Correlational researchJijo G John
 
Cannonical Correlation
Cannonical CorrelationCannonical Correlation
Cannonical Correlationdomsr
 
Cannonical correlation
Cannonical correlationCannonical correlation
Cannonical correlationdomsr
 
New 7 Management Tools
New 7 Management ToolsNew 7 Management Tools
New 7 Management Toolsvenkatasirish
 
cannonicalpresentation-110505114327-phpapp01.pdf
cannonicalpresentation-110505114327-phpapp01.pdfcannonicalpresentation-110505114327-phpapp01.pdf
cannonicalpresentation-110505114327-phpapp01.pdfJermaeDizon2
 
Correlation research
Correlation researchCorrelation research
Correlation researchAmina Tariq
 
Correlation and regression analysis - summary
Correlation and regression analysis - summaryCorrelation and regression analysis - summary
Correlation and regression analysis - summaryNihad Omerbegović
 
correlation_and_covariance
correlation_and_covariancecorrelation_and_covariance
correlation_and_covarianceEkta Doger
 
Mastering SaaS Pricing - The Top 5 Mistakes + How to Avoid Them
Mastering SaaS Pricing - The Top 5 Mistakes + How to Avoid ThemMastering SaaS Pricing - The Top 5 Mistakes + How to Avoid Them
Mastering SaaS Pricing - The Top 5 Mistakes + How to Avoid ThemCodeScience
 

Similar to Degree of association between two variables-test of homogeneity.pptx (20)

Final.Version
Final.VersionFinal.Version
Final.Version
 
Hph7310week2winter2009narr
Hph7310week2winter2009narrHph7310week2winter2009narr
Hph7310week2winter2009narr
 
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
 
Supply Chain Metrics That Matter: A Focus on the Retail Industry - 16 FEB 2017
Supply Chain Metrics That Matter: A Focus on the Retail Industry - 16 FEB 2017Supply Chain Metrics That Matter: A Focus on the Retail Industry - 16 FEB 2017
Supply Chain Metrics That Matter: A Focus on the Retail Industry - 16 FEB 2017
 
Correlational research
Correlational researchCorrelational research
Correlational research
 
Cannonical Correlation
Cannonical CorrelationCannonical Correlation
Cannonical Correlation
 
Cannonical correlation
Cannonical correlationCannonical correlation
Cannonical correlation
 
Scatter Plot
Scatter PlotScatter Plot
Scatter Plot
 
FICO Credit Risk Data
FICO Credit Risk DataFICO Credit Risk Data
FICO Credit Risk Data
 
New 7 Management Tools
New 7 Management ToolsNew 7 Management Tools
New 7 Management Tools
 
Data-Analysis.pptx
Data-Analysis.pptxData-Analysis.pptx
Data-Analysis.pptx
 
cannonicalpresentation-110505114327-phpapp01.pdf
cannonicalpresentation-110505114327-phpapp01.pdfcannonicalpresentation-110505114327-phpapp01.pdf
cannonicalpresentation-110505114327-phpapp01.pdf
 
Correlation research
Correlation researchCorrelation research
Correlation research
 
FICO Credit Risk Data
FICO Credit Risk DataFICO Credit Risk Data
FICO Credit Risk Data
 
Correlation and regression analysis - summary
Correlation and regression analysis - summaryCorrelation and regression analysis - summary
Correlation and regression analysis - summary
 
Statistical analysis in SPSS_
Statistical analysis in SPSS_ Statistical analysis in SPSS_
Statistical analysis in SPSS_
 
Unit V.pdf
Unit V.pdfUnit V.pdf
Unit V.pdf
 
Final report mkt
Final report mktFinal report mkt
Final report mkt
 
correlation_and_covariance
correlation_and_covariancecorrelation_and_covariance
correlation_and_covariance
 
Mastering SaaS Pricing - The Top 5 Mistakes + How to Avoid Them
Mastering SaaS Pricing - The Top 5 Mistakes + How to Avoid ThemMastering SaaS Pricing - The Top 5 Mistakes + How to Avoid Them
Mastering SaaS Pricing - The Top 5 Mistakes + How to Avoid Them
 

Recently uploaded

Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
PSYCHIATRIC History collection FORMAT.pptx
PSYCHIATRIC   History collection FORMAT.pptxPSYCHIATRIC   History collection FORMAT.pptx
PSYCHIATRIC History collection FORMAT.pptxPoojaSen20
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 
URLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppURLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppCeline George
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
Concept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfConcept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfUmakantAnnand
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...Marc Dusseiller Dusjagr
 
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991RKavithamani
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeThiyagu K
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesFatimaKhan178732
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 

Recently uploaded (20)

Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application )
 
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
 
PSYCHIATRIC History collection FORMAT.pptx
PSYCHIATRIC   History collection FORMAT.pptxPSYCHIATRIC   History collection FORMAT.pptx
PSYCHIATRIC History collection FORMAT.pptx
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptx
 
URLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppURLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website App
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
Concept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.CompdfConcept of Vouching. B.Com(Hons) /B.Compdf
Concept of Vouching. B.Com(Hons) /B.Compdf
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
 
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 

Degree of association between two variables-test of homogeneity.pptx

  • 1. - DEGREE OF ASSOCIATION BETWEEN TWO VARIABLES - TEST OF HOMOGENEITY
  • 2. DEGREE OF ASSOCIATION BETWEEN TWO VARIABLES Association between two variables means the values of one variable relate on some way to the values of the other. It is usually measured by correlation for two continuous variables and by cross tabulation and a Chi-square test for two categorial
  • 3. Correlation is a statistical technique that is used to measure and describe a relationship between two variables. Usually the two variables are simply observed, not manipulated. The correlation requires two scores from the same individuals.
  • 4. Correlation ranges from negative one to positive one and is used to measure the strength of a linear association between two quantitative variables. A correlation closer to negative one indicates a strong negative linear where large values of one variables are associated with small values of the other. Aa correlation closer to positive linearity where large values of the other. A correlation of 0 indicates there is no linear relationship. The Figure shows pairs of variables with
  • 5. A scatter plot can be used to visually inspect whether there is as association between two quantitative variables. If there is a patter in the plot, the variables are associated; if there is no plot, the variables are associated; if there is no patter, the variables are not associated How do you determine an association between two variables? 5
  • 7. QUARTERLY PERFORMANCE 4.5 3.5 2.5 4.3 2.8 1.8 4.4 2.4 5.0 3.0 2.0 2.0 - 1.0 2.0 3.0 4.0 5.0 6.0 Q4 Q3 Q2 Q1 Series 1 Series 2 Series 3 Presentation title 7
  • 8. AREAS OF GROWTH Q1 4.5 2.3 1.7 5.0 Q2 3.2 5.1 4.4 3.0 Q3 2.1 1.7 2.5 2.8 Q4 4.5 2.2 1.7 7.0 Presentation title 8
  • 9. BUSINESS OPPORTUNITIES ARE LIKE BUSES. THERE'S ALWAYS ANOTHER ONE COMING. “ Richard Branson ” 9
  • 10. MEET OUR TEAM Presentation title 10 TAKUMA HAYASHI President MIRJAM NILSSON Chief Executive Officer FLORA BERGGREN​ Chief Operations Officer RAJESH SANTOSHI​ VP Marketing
  • 11. MEET OUR EXTENDED TEAM TAKUMA HAYASHI President GRAHAM BARNES VP Product MIRJAM NILSSON Chief Executive Officer ROWAN MURPHY SEO Strategist FLORA BERGGREN​ Chief Operations Officer ELIZABETH MOORE Product Designer RAJESH SANTOSHI​ VP Marketing ROBIN KLINE Content Developer 11
  • 12. PLAN FOR PRODUCT LAUNCH Presentation title 12 PLANNING Synergize scalable e-commerce MARKETING Disseminate standardized metrics DESIGN Coordinate e- business applications STRATEGY Foster holistically superior methodologies LAUNCH Deploy strategic networks with compelling e- business needs
  • 13. TIMELINE 13 SEP 20XX NOV 20XX JAN 20XX MAR 20XX MAY 20XX Synergize scalable e-commerce Disseminate standardized metrics Coordinate e- business applications Foster holistically superior methodologies Deploy strategic networks with compelling e- business needs
  • 14. AREAS OF FOCUS 14 B2B MARKET SCENARIOS • Develop winning strategies to keep ahead of the competition • Capitalize on low-hanging fruit to identify a ballpark value • Visualize customer directed convergence CLOUD-BASED OPPORTUNITIES • Iterative approaches to corporate strategy • Establish a management framework from the inside
  • 15. HOW WE GET THERE Presentation title 15 ROI • Envision multimedia- based expertise and cross-media growth strategies • Visualize quality intellectual capital • Engage worldwide methodologies with web- enabled technologies NICHE MARKETS • Pursue scalable customer service through sustainable strategies • Engage top-line web services with cutting-edge deliverables SUPPLY CHAINS • Cultivate one-to-one customer service with robust ideas • Maximize timely deliverables for real-time schemas
  • 16. SUMMARY Presentation title 16 At Contoso, we believe in giving 110%. By using our next- generation data architecture, we help organizations virtually manage agile workflows. We thrive because of our market knowledge and great team behind our product. As our CEO says, "Efficiencies will come from proactively transforming how we do business."