Table 1.
Creating Supermarket Redlining Index | Example using the ‘Sales Volume’ variable |
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Step 1: Sum of each variable for all stores | Sum of sales volume ($) |
Step 2: Computing the variable ratio for each store | Sales Ratio = sale volume of a store /sum of sales volume for all stores |
Step 3: Calculating the Variable Indicator for each store | Sales indicator= Sales ratio/ maximum value of sales ratio |
Step 4: Calculating a composite index of SuRI for each store including all the variable indicators | SuRI=[sales indicator + service area indicator + …‥+ population density indicator] |
Note: The left column lists the steps and the right column provides an example for each step.