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Please share the solution. 16. The management of a large chain of grocery stores is thinking about opening several chains, south of border, in Mexico.

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16. The management of a large chain of grocery stores is thinking about opening several chains, "south of border," in Mexico. The manager wants to determine how national-brand shoppers and private-label shoppers differ with respect to income and size of household. Personal interviews with a random sample of national-brand shoppers and private label shoppers generated the following data: National- Annual Income Household size Private -Label Annual Household size Brand (INR O00s) X1 (# persons) X2 Shoppers Income (INR (# persons) X2 Shoppers 0DOs) X1 16.8 17.3 21.4 15.4 17.3 14.3 18.4 14.5 23.2 17.4 21.1 16.7 14.5 7 13.9 18.9 12.4 17.8 2 9 15.3 10 19.3 10 13.3A discriminant analysis of the data resulted In the following discriminant function: D= .333 X1 - .315 X2 Using the above discriminant function model, help the management classify the following two Individuals whether they are national-brand shoppers or private-label shoppers. The characteristics are as follows: Individual I, X1 - Annual Income, INR 18,300, X2 - household size, 4 persons II. Individual il, X1 - Annual Income, INR 21,000, X2 - household size, 7 persons

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