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Exercise

Insert into a temp table

While you can join the results of multiple similar queries together with UNION, sometimes it's easier to break a query down into steps. You can do this by creating a temporary table and inserting rows into it.

Compute the correlations between each pair of profits, profits_change, and revenues_change from the Fortune 500 data.

The resulting temporary table should have the following structure:

measure profits profits_change revenues_change
profits 1.00 # #
profits_change # 1.00 #
revenues_change # # 1.00

Recall the round() function to make the results more readable:

round(column_name::numeric, decimal_places)

Note that Steps 1 and 2 do not produce output. It is normal for the query result pane to say "Your query did not generate any results."

Instructions 1/3
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Create a temp table correlations.

  • Compute the correlation between profits and each of the three variables (i.e. correlate profits with profits, profits with profits_change, etc).
  • Alias columns by the name of the variable for which the correlation with profits is being computed.