According to research done by American Express, the best customers outspend those that are considered to be the best customers by significant margins. Holt Renfrew, an upscale retailer, would likely find their best customers outspend other customers by a ratio of
A) 5 to 1.
B) 13 to 1.
C) 12 to 1.
D) 16 to 1.
E) 4 to 1.

Question

Quizplus · Accepted Answer

While the question only provides information about American Express research, it is reasonable to assume that similar patterns would hold true for other upscale retailers like Holt Renfrew. The answer options range from 4 to 16 to 1, and since the question suggests a "significant margin," options A and E can be eliminated. Option B seems too extreme, as a 13 to 1 ratio is quite large. Option C (12 to 1) is a possibility, although it may not represent a large enough margin to be considered "significant." Therefore, the best answer is D (16 to 1), which provides the largest ratio and a significant margin between the best and other customers.

According to Research Done by American Express, the Best Customers