Provide an Appropriate Response

question 95

Multiple Choice

Provide an appropriate response.
-The peak shopping time at a pet store is between 8-11:00 am on Saturday mornings. Management at the pet store randomly selected 35 customers last Saturday morning and decided to observe their shopping habits. They recorded the number of items that a sample of the customers purchased as well as the total time the customers spent in the store. Identify the types of variables recorded by the pet store.

• A) number of items - discrete; total time - continuous
• B) number of items - continuous; total time - continuous
• C) number of items - continuous; total time - discrete
• D) number of items - discrete; total time - discrete

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Definitions:

ROI

Return on investment; a measure of the profitability of an investment expressed as a percentage of the initial amount invested.

Profit Goals

Specific financial targets that a company aims to achieve within a certain period, often measured in terms of net income or margin percentages.

Customer Perceptions

The understanding or view that customers have towards a product, service, or business, influenced by marketing, experience, and word-of-mouth.