Question
(c) For the stores that currently are open less than 24 hours on Fridays, what is the average, the highest, and the lowest amount of
(c) For the stores that currently are open less than 24 hours on Fridays, what is the average, the highest, and the lowest amount of "average revenue per hour" and "average revenue per day"? (Round answer to 2 decimal places, e.g. 15,000.25.) For average revenue per hour: The average $ The highest The lowest The average For average revenue per day: The highest $ The lowest $ $ $ $
The Average Revenue Per Hour:
Lowest: 276.46
Highest: 346.92
Average: ? Need the average revenue per hour.
The Average Revenue Per Day:
Lowest: 1,872.21
Highest: 8,237.42
Average: ? Need the average revenue per day.
For the stores that currently are open less than 24 hours on Fridars. what is the average, the highest, and the lowest amount of "sverage revenue per hour" and "average revenue per day"? (Round answer to 2 declmal ploces, es. 15,000.25) One of the fast food industry's competition metrics is drive-thru time-that is, how much time elapses between customers placing an order and then receiving it. This metric is particularly important on Fridays. To reach the company/s goal for this month, you want to know if average sales revenue on Friday nights can be increased by keeping the drive thru open longer. You collect data for Friday drive-thru hours by store, the corresponding average hourly sales, and daily sales for the month. Additional dotail regarding the data set is provided here. - Store IDi a unique identification number for each store. - City: the location of the store. - Fridary drive-thru start: starting time of the drive-thru on Fridarys. - Friday drive-thru end ending time of the drive-thru on Fridars. - Drive-thru hours: total number of drive-thru hours. - Average revenue per hour average revenue per hour for this store on Fridays. - Average revenue per day average revenue per day for this store on Fridavs. Use the Drive Thru data set avallable in Wiey Course Resources to answer the following questions. Clirkhere to view Drive Thro data setStep by Step Solution
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