A study is to be performed for a local restaurant,McGuire's,and Mr.McGuire wants to know the awareness of the restaurant name as well as satisfaction with food,service,and prices.Furthermore,being in the restaurant business for many years,Mr.McGuire is certain that he has very different clientele depending on which meal and whether they are there during the weekdays or weekends.Therefore,he wants to know answers to these issues by subgroups such as those who have eaten lunch meals,dinner meals,weekday patrons,and weekend patrons.Given these analysis goals,which sample size approach should be considered?
A)arbitrary approach
B)conventional approach
C)statistical analysis approach
D)confidence percentage approach
E)the cost basis approach

Question

Quizplus · Accepted Answer

The statistical analysis approach would be the best choice, as it would allow for subgroup analysis based on meal type and day of the week. This would require a larger sample size to ensure statistical significance within each subgroup. The conventional and arbitrary approaches do not take into account the need for subgroup analysis, while the confidence percentage and cost basis approaches are not directly relevant to the analysis goals.

A Study Is to Be Performed for a Local Restaurant,McGuire's,and