Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you please read and answer the questions below ? Abstract The city council conducted survey research to assess high school students interest in adding

can you please read and answer the questions below ?

Abstract

The city council conducted survey research to assess high school students interest in adding concession stands at Greenwood Park, which is across from the local high school and in need of funding to support new facilities and improvements. An average of 64% of respondents who already visit the park at least once a week expressed interest in purchasing food there. The city could earn a significant revenue increase by serving the students burritos and Chinese food, along with snacks, at a cost of $5$7 per meal. The project could also offer side benefits such as reducing lunchtime traffic in the neighborhood and reducing tardiness from students who currently drive off campus to buy lunch.

Background

Greenwood Park is a 2,000-square-foot city park of trees, lawn, and a small childrens playground. The park is frequented by local residents on weekends and by Greenwood Park High School students on weekdays. Additional funding is required for continued landscaping maintenance and to install amenities such as a restroom facility and water fountains. The city council has submitted a proposal to open up the park to concession vendors to sell food and beverages to high school students during school lunch hours. By licensing new businesses to open food stands and earning commission off sales, the city hopes to earn additional revenue to support and fund park improvements.

Related Research

The city council learned from speaking with local residents that the park is often crowded with high school students during lunch hour, and that residents often bring their families and pets to the park on weekends. These families and students would be the beneficiaries of park improvements and also the customers of concession stands that may be added at the park.

Several cities in the region have seen revenue gains by leasing concession stands at local parks and by offering food and beverages to visitors. In addition, a correlation was found in some of these cities between the new concession stands and a decrease in crime rates in the immediate neighborhood.

Methods

The city council commissioned a survey study of students at the local Greenwood Park High School in order to assess their interest in purchasing food and beverages from park vendors during lunch and after school. Overall, 96 students between the ages of 14 and 18 responded to surveys passed out in finance and economics classes.

The study polled basic demographic information, including age and ethnic background, and assessed the respondents use of park grounds and interest in meals at the park. Students were asked how frequently they visited the park during lunch for a duration of 15 minutes or longer, and whether or not they would purchase food from vendors at the park if it were available.

The study also asked where the students purchased lunches and what their satisfaction was with those options. Finally, students were polled about which foods they would be most interested in and how much they would be willing to spend on food, with the options of Chinese food, pizza, burritos, hot dogs, and snacks.

High school teachers distributed and collected the surveys, and the research organization commissioned by the city council assessed the findings by identifying the frequencies of answers and cross-tabulating the results.

Results

Survey research revealed that approximately 22% of the students visited the park at least three times a week, while 63% visited the park at least one or two times per week for a minimum of 15 minutes. An average of 49% from each group reported an interest in food vendors. Twenty percent of students who only rarely visit the park expressed interest in purchasing food there on occasion.

Rarely visit the park

12 park visits per week

35 park visits per week

Totals

Interested in food vendors

3 (20%)

37 (61.67%)

14 (66.67%)

54

No interest in food vendors

12 (80%)

23 (38.33%)

7 (33.33%)

42

Totals

15 (15.63%)

60 (62.50%)

21 (21.88%)

96 (100.00%)

Burritos and Chinese food were found to be the most popular meal options among high school students overall. The research revealed that local options for pizza are available in the neighborhood, and the cafeteria occasionally serves hot dogs or Chinese food. The pizza and hot dog options were least popular among students. Snack foods and beverages were also identified as a desired addition.

For a deeper understanding of which food options are most likely to sell, further research could be done by cross-tabulating the answers from students who expressed high interest in buying food at the park with the food options from the survey to see which food choices would be most preferred among the students who are most likely to buy.

The majority of students reported a budget of $5 to $7 for a lunch meal, while a few students also reported they were willing to pay more on occasion.

Conclusion

The research findings revealed a strong student interest in food and beverage options, with 63% of students who visit the park regularly saying they would buy from vendors. Additionally, 20% of students who rarely visit the park expressed interest in purchasing food on occasion. Based on these results, we conclude that selling food at the park is likely to be a successful venture.

Revenue could be generated by offering $5$7 lunches, especially burritos, Chinese food, and other snacks.

Opening vendor kiosks may have an additional benefit of drawing students who normally would drive off campus for lunch. Being closer to campus would help reduce school delinquency and relieve local traffic conditions, as well as reduce the risk of vehicular incidents at lunchtime.

Review

Once youve read the research, answer the questions or respond to the statements below. Refer back to the study as much as you need to, to make sure your answers and responses are thorough and complete.

Identify and describe the purpose of each section of the study.

1. In the first section

2.

3.

4.

5.

6.

What problems are the researchers trying to solve?

The problems that the researchers are trying to solve is if they should sell food in the park or not for the students in school and if they will buy or not if they. Also if they should open a vendor.

What sort of hypotheses are the researchers starting with and designing their survey around?

The hypotheses that the researchers are starting with and designing their survey around is

How do researchers analyze and interpret the results of their research? What statistical tools help them understand the responses?

How does the survey help the researchers identify what actions to take about their problem?

Identify any bias in the studys findings or conclusions, and explain.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Commodity Economics And Finance

Authors: Daniel P. Ahn

1st Edition

0262038374, 9780262038379

More Books

Students also viewed these Finance questions

Question

9.8 Describe leadership development and its impact

Answered: 1 week ago

Question

9.6 Explain what management development is and why it is important.

Answered: 1 week ago