Are Customers More Loyal in the East or in the West

question 23

Multiple Choice

Are customers more loyal in the East or in the West? The following table is based on information from Trends in the United Sates, published by the food marketing Institute, Washington, D.C. The columns represent loyalty (in years) at a primary supermarket. The rows represent regions of the United States. $$\begin{array} { l c r r r r r r } &\text { Less Than } & 1-2 & 3-4 & 5-9 & 10-14 & 15 \text { or More } & \text { Row Total } \\&1 \text { Year } & \text { Years } & \text { Years } & \text { Years } & \text { Years } & \text { Years }\\\text { East } & 32 & 54 & 59 & 112 & 77 & 118 & 452 \\\text { Midwest } & 31 & 68 & 68 & 120 & 63 & 173 & 523 \\\text { South } & 53 & 92 & 93 & 158 & 106 & 158 & 660 \\\text { West } & 41 & 56 & 67 & 78 & 45 & 86 & 373 \\\text { Column Total } & 157 & 270 & 287 & 468 & 291 & 535 & 2008\end{array}$$ What is the probability that a customer chosen at random has been loyal 5 or more years given that he or she is from the Midwest? Round your answer to the nearest thousandth.

• A)0.177
• B)0.275
• C)0.681
• D)0.417
• E)none of these choices

Understand how flexible work arrangements can serve as cost-cutting measures while maintaining employee jobs during financial difficulties.

Explore how flexibility in work arrangements supports organizational goals by promoting employee well-being.

Understand the gender and age differences in depression prevalence.

Recognize the impact of neurotransmitter levels on mood disorders such as depression.

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Definitions:

ATM Transaction

An action carried out through an Automated Teller Machine (ATM), such as withdrawing cash, depositing funds, or checking account balances.

Barter Economy

An economic system where goods and services are exchanged directly for other goods and services without the use of money as a medium.

Money Economy

A system where goods and services are exchanged using money as a medium, rather than through barter.

Money Economy

A system in which goods and services are traded using money as a medium of exchange rather than barter.