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please show work P[visit) (groceries) Problem 6: Customers Area $4000 0.30 10000 $3000 0.40 6000 0.30 4000 b) What is the supermarket's market share across
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P[visit) (groceries) Problem 6: Customers Area $4000 0.30 10000 $3000 0.40 6000 0.30 4000 b) What is the supermarket's market share across the three areas? Suppose that a supermarket attracts customers from three areas, as given in the table below a) What are the total annual expenditures at the supermarket by customers from these three are average annual spending on breakfast cereal, and their probability of visiting each store are given in Three stores (A, B, and C) operate in zones 1 and 2. The number of customers in each one, c) At store C, how much do customers from zones 1 and 2 spend annually on breakfast cereal? Four stores (A, B, C, and D) operate in zones 1 and 2. The number of customers in each zone, their average annual spending on breakfast cereal, and their probability of visiting each store are given in Annual budget 1 $7500 2 3 Problem 7: Visit % from: the tables below. Zone 1 Zone 2 Store A 25% 30% Zone 1 Store B 40% 50% Zone 2 Store C 35% 20% Problem 8: Customers Spending 1200 $500 1500 $400 a) At store A, how much do customers from zone 1 spend annually on breakfast cereal? b) At store B, how much do customers from zone 2 spend annually on breakfast cereala the tables below. Zone 1 Zone 2 Customers Spending 800 $300 1000 $250 Store A Store B Visit % from: Zone 1 Zone 2 15% 40% 20% 30% 35% 10% 30% 20% Store C Store D a) At store B, how much do customers from zones 1 and 2 spend annually on breakfast cereal? b) At store D, how much do customers from zones 1 and 2 spend annually on breakfast cerealStep by Step Solution
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