Quantitative Analysis Of Comparative Market Data Essay
• cross-tabulations for grouped or ungrouped data
• Z, T and chi square tests.
Write up the results of your quantitative analysis and what the result mean in terms of market trends and developments and impact on the business.
• Target customers’ income level:
Quantitative analysis techniques Results Result mean in terms of market trends and developments and impact on the business mean $4, 500 The results shown that customer who visited more often and spend in the vegetarian restaurant for their food or meal has an income level at average $4, 500. This means that they have a medium level of spending power and they are able to afford eating out in a vegetarian restaurant, shop or café. Perfect Veggie Town is believed to have a potential growth in business as people have the spending power with an ideal income level. median $4, 000 The result shown that the customers who are purchasing the vegetarian products are mostly customers with the income level of $4,000. This means that customers has a middle income level and…