The CEO of a nationwide chain of restaurants Wanted to improve the sales for ner

Question

The CEO of a nationwide chain of restaurants Wanted to improve the sales for ner restaurants. To do this, she used a certain type of in-store marketing for 167 randomly chosen restaurants. Out of those 167 restaurants, the average annual sales was $2,480,000 (this year) after the marketing campaign compared to average annual sales of $2,320,000 (last year) before the marketing campaign. The other 674 restaurants that did not use the in-store marketing had average annual sales of $2,520,000 this year compared to $2,490,000 last year.

Explanation / Answer

As evident from the information given,

A and D options are True.

This is because all the restaurants that used the marketing have indeed improved their annual sales.

And if we calculate, there is an increase in the average annual sales by $160,000 compared to last year.

E is False because overall, the chain of restaurants did not increase their average annual sales by $95,000

Options C and D are unclear and may contain the use of some externel factors which are not given in the provided information. Thus, we can rule them out.

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.