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2 votes
At most restaurants, the more food you order, the more money you have to pay. This is true whether you go to an overpriced "gourmet" restaurant where the plates are tiny but very expensive, or to a cafeteria where the portions are huge and the prices cheap. If you collect data at any ONE restaurant, the correlation between the amount of food served per person and the price paid for it should be:

A.positive and fairly strong
B.negative and fairly strong
C.fairly weak

User Jacenta
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2 Answers

3 votes

Answer:

The answer is A which is Positive and fairly strong.

Explanation:

To properly do justice to the selected answer above, we describe a simple scenario.

Imagine yourself, content and perhaps a bit over-full after a lovely meal at a local restaurant. Then, the extravagant bill arrives.

Does this high cost affirm your belief that this meal was valuable and thereby influence your reordering of it?

Or does the cost of the meal overshadow your enjoyment of it and leave you wishing you had chosen a simple meal at a better price point?

What features must an expensive restaurant provide you over a bargain one to justify the extra cost?

Based of the question asked in respect to the scenario above, researchers went on a an experiment collecting different data from a restaurant and used the Latent Dirichlet Allocation (LDA) model to classify each review of the data and key words like ( e.g. food, service, price, ambiance, anecdotes, miscellaneous) were paid attention to.

After analysis, it was perceived that the value is such a tricky parameter to measure, marketers, restaurateurs and economists often overlook it, instead focusing on objective restaurant price and quality’s effect on customer satisfaction.

User Rvnlord
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3.6k points
4 votes

Answer:

A.positive and fairly strong

Explanation:

Since an increase in food quantity usually means an increase in price, quantity and price are directly proportional, which configures a positive correlation.

Since it is stated that this relationship in observed at most restaurants, it can be concluded that there is a fairly strong correlation between the amount of food served per person and the price paid for it.

Therefore, the answer is, A.positive and fairly strong

User Iffy
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3.7k points