Grocery shopping Many grocery store chains offer customers a card they can scan when they check out and offer discounts to people who do so. To get the card, customers must give information, including a mailing address and e-mail address. The actual purpose is not to reward loyal customers but to gather data. What data do these cards allow stores to gather, and why would they want that data?

Question

Want to see more full solutions like this?

Answer 1

Textbook Question

Chapter 1, Problem 1E

Grocery shopping Many grocery store chains offer customers a card they can scan when they check out and offer discounts to people who do so. To get the card, customers must give information, including a mailing address and e-mail address. The actual purpose is not to reward loyal customers but to gather data. What data do these cards allow stores to gather, and why would they want that data?

Expert Solution & Answer

To determine

What data the stores gather with the card and the reason why the data is gathered.

Answer to Problem 1E

The what in the data gathered by the store includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The why behind the collection of the data is to use the data to improve the business strategies of the store according to the time, place, and locality.

Explanation of Solution

Given info:

Several grocery store chains offer their customers a card to scan during check-out; they are issued once the customers provide some information about themselves, such as mailing address and e-mail address. The customers who accept the card are given discounts, while the data about the customers is gathered by the store.

Justification:

The grocery store chains typically have several stores scattered over the whole country. Once a customer is issued a card, by taking their mailing address and e-mail address, the customer becomes a unique identity. Whenever the card is scanned after purchase, the store automatically gets the whole data regarding the purchase of the customer.

Thus, an answer to what data that is collected includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The stores aim at increasing their business profits. The complete information about each individual’s purchase helps the store to create a customer profile. The store management can decide customers of which age-group and gender buy which type of article. Determining which articles are frequently bought together helps the store management to arrange their goods in such a way that the goods attract the most attention; it also helps to decide which items to put on discount. This data helps the store management to decide on their advertisement policies, as well.

All this information is gathered to address the question why behind the collection of the data; that is, to use the data to improve the business strategies of the store according to the time, place, and locality.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

Business discuss

I just need to know why this is wrong below: What is the test statistic W? W=5 (incorrect) and What is the p-value of this test? (p-value < 0.001-- incorrect) Use the Wilcoxon signed rank test to test the hypothesis that the median number of pages in the statistics books in the library from which the sample was taken is 400. A sample of 12 statistics books have the following numbers of pages pages 127 217 486 132 397 297 396 327 292 256 358 272 What is the sum of the negative ranks (W-)? 75 What is the sum of the positive ranks (W+)? 5What type of test is this? two tailedWhat is the test statistic W? 5 These are the critical values for a 1-tailed Wilcoxon Signed Rank test for n=12 Alpha Level 0.001 0.005 0.01 0.025 0.05 0.1 0.2 Critical Value 75 70 68 64 60 56 50 What is the p-value for this test? p-value < 0.001

Answer 2

Textbook Question

Chapter 1, Problem 1E

Grocery shopping Many grocery store chains offer customers a card they can scan when they check out and offer discounts to people who do so. To get the card, customers must give information, including a mailing address and e-mail address. The actual purpose is not to reward loyal customers but to gather data. What data do these cards allow stores to gather, and why would they want that data?

Expert Solution & Answer

To determine

What data the stores gather with the card and the reason why the data is gathered.

Answer to Problem 1E

The what in the data gathered by the store includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The why behind the collection of the data is to use the data to improve the business strategies of the store according to the time, place, and locality.

Explanation of Solution

Given info:

Several grocery store chains offer their customers a card to scan during check-out; they are issued once the customers provide some information about themselves, such as mailing address and e-mail address. The customers who accept the card are given discounts, while the data about the customers is gathered by the store.

Justification:

The grocery store chains typically have several stores scattered over the whole country. Once a customer is issued a card, by taking their mailing address and e-mail address, the customer becomes a unique identity. Whenever the card is scanned after purchase, the store automatically gets the whole data regarding the purchase of the customer.

Thus, an answer to what data that is collected includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The stores aim at increasing their business profits. The complete information about each individual’s purchase helps the store to create a customer profile. The store management can decide customers of which age-group and gender buy which type of article. Determining which articles are frequently bought together helps the store management to arrange their goods in such a way that the goods attract the most attention; it also helps to decide which items to put on discount. This data helps the store management to decide on their advertisement policies, as well.

All this information is gathered to address the question why behind the collection of the data; that is, to use the data to improve the business strategies of the store according to the time, place, and locality.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Textbook Question

Chapter 1, Problem 1E

Grocery shopping Many grocery store chains offer customers a card they can scan when they check out and offer discounts to people who do so. To get the card, customers must give information, including a mailing address and e-mail address. The actual purpose is not to reward loyal customers but to gather data. What data do these cards allow stores to gather, and why would they want that data?

Expert Solution & Answer

To determine

What data the stores gather with the card and the reason why the data is gathered.

Answer to Problem 1E

The what in the data gathered by the store includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The why behind the collection of the data is to use the data to improve the business strategies of the store according to the time, place, and locality.

Explanation of Solution

Given info:

Several grocery store chains offer their customers a card to scan during check-out; they are issued once the customers provide some information about themselves, such as mailing address and e-mail address. The customers who accept the card are given discounts, while the data about the customers is gathered by the store.

Justification:

The grocery store chains typically have several stores scattered over the whole country. Once a customer is issued a card, by taking their mailing address and e-mail address, the customer becomes a unique identity. Whenever the card is scanned after purchase, the store automatically gets the whole data regarding the purchase of the customer.

Thus, an answer to what data that is collected includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The stores aim at increasing their business profits. The complete information about each individual’s purchase helps the store to create a customer profile. The store management can decide customers of which age-group and gender buy which type of article. Determining which articles are frequently bought together helps the store management to arrange their goods in such a way that the goods attract the most attention; it also helps to decide which items to put on discount. This data helps the store management to decide on their advertisement policies, as well.

All this information is gathered to address the question why behind the collection of the data; that is, to use the data to improve the business strategies of the store according to the time, place, and locality.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Textbook Question

Chapter 1, Problem 1E

Grocery shopping Many grocery store chains offer customers a card they can scan when they check out and offer discounts to people who do so. To get the card, customers must give information, including a mailing address and e-mail address. The actual purpose is not to reward loyal customers but to gather data. What data do these cards allow stores to gather, and why would they want that data?

Expert Solution & Answer

To determine

What data the stores gather with the card and the reason why the data is gathered.

Answer to Problem 1E

The what in the data gathered by the store includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The why behind the collection of the data is to use the data to improve the business strategies of the store according to the time, place, and locality.

Explanation of Solution

Given info:

Several grocery store chains offer their customers a card to scan during check-out; they are issued once the customers provide some information about themselves, such as mailing address and e-mail address. The customers who accept the card are given discounts, while the data about the customers is gathered by the store.

Justification:

The grocery store chains typically have several stores scattered over the whole country. Once a customer is issued a card, by taking their mailing address and e-mail address, the customer becomes a unique identity. Whenever the card is scanned after purchase, the store automatically gets the whole data regarding the purchase of the customer.

Thus, an answer to what data that is collected includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The stores aim at increasing their business profits. The complete information about each individual’s purchase helps the store to create a customer profile. The store management can decide customers of which age-group and gender buy which type of article. Determining which articles are frequently bought together helps the store management to arrange their goods in such a way that the goods attract the most attention; it also helps to decide which items to put on discount. This data helps the store management to decide on their advertisement policies, as well.

All this information is gathered to address the question why behind the collection of the data; that is, to use the data to improve the business strategies of the store according to the time, place, and locality.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Textbook Question

Answer 6

Textbook Question

Answer 7

Expert Solution & Answer

To determine

What data the stores gather with the card and the reason why the data is gathered.

Answer to Problem 1E

The what in the data gathered by the store includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The why behind the collection of the data is to use the data to improve the business strategies of the store according to the time, place, and locality.

Explanation of Solution

Given info:

Several grocery store chains offer their customers a card to scan during check-out; they are issued once the customers provide some information about themselves, such as mailing address and e-mail address. The customers who accept the card are given discounts, while the data about the customers is gathered by the store.

Justification:

The grocery store chains typically have several stores scattered over the whole country. Once a customer is issued a card, by taking their mailing address and e-mail address, the customer becomes a unique identity. Whenever the card is scanned after purchase, the store automatically gets the whole data regarding the purchase of the customer.

Thus, an answer to what data that is collected includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The stores aim at increasing their business profits. The complete information about each individual’s purchase helps the store to create a customer profile. The store management can decide customers of which age-group and gender buy which type of article. Determining which articles are frequently bought together helps the store management to arrange their goods in such a way that the goods attract the most attention; it also helps to decide which items to put on discount. This data helps the store management to decide on their advertisement policies, as well.

All this information is gathered to address the question why behind the collection of the data; that is, to use the data to improve the business strategies of the store according to the time, place, and locality.

Answer 8

Expert Solution & Answer

To determine

What data the stores gather with the card and the reason why the data is gathered.

Answer to Problem 1E

The what in the data gathered by the store includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The why behind the collection of the data is to use the data to improve the business strategies of the store according to the time, place, and locality.

Explanation of Solution

Given info:

Several grocery store chains offer their customers a card to scan during check-out; they are issued once the customers provide some information about themselves, such as mailing address and e-mail address. The customers who accept the card are given discounts, while the data about the customers is gathered by the store.

Justification:

The grocery store chains typically have several stores scattered over the whole country. Once a customer is issued a card, by taking their mailing address and e-mail address, the customer becomes a unique identity. Whenever the card is scanned after purchase, the store automatically gets the whole data regarding the purchase of the customer.

Thus, an answer to what data that is collected includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The stores aim at increasing their business profits. The complete information about each individual’s purchase helps the store to create a customer profile. The store management can decide customers of which age-group and gender buy which type of article. Determining which articles are frequently bought together helps the store management to arrange their goods in such a way that the goods attract the most attention; it also helps to decide which items to put on discount. This data helps the store management to decide on their advertisement policies, as well.

All this information is gathered to address the question why behind the collection of the data; that is, to use the data to improve the business strategies of the store according to the time, place, and locality.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

To determine

What data the stores gather with the card and the reason why the data is gathered.

Answer 12

Answer to Problem 1E

The what in the data gathered by the store includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The why behind the collection of the data is to use the data to improve the business strategies of the store according to the time, place, and locality.

Answer 13

Explanation of Solution

Given info:

Several grocery store chains offer their customers a card to scan during check-out; they are issued once the customers provide some information about themselves, such as mailing address and e-mail address. The customers who accept the card are given discounts, while the data about the customers is gathered by the store.

Justification:

The grocery store chains typically have several stores scattered over the whole country. Once a customer is issued a card, by taking their mailing address and e-mail address, the customer becomes a unique identity. Whenever the card is scanned after purchase, the store automatically gets the whole data regarding the purchase of the customer.

Thus, an answer to what data that is collected includes the list of items purchased by the customer, the frequency of purchase by a particular customer, the date of purchase, the time of purchase, the locality from which the purchase is made, the locality of residence of the customer, and so on.

The stores aim at increasing their business profits. The complete information about each individual’s purchase helps the store to create a customer profile. The store management can decide customers of which age-group and gender buy which type of article. Determining which articles are frequently bought together helps the store management to arrange their goods in such a way that the goods attract the most attention; it also helps to decide which items to put on discount. This data helps the store management to decide on their advertisement policies, as well.

All this information is gathered to address the question why behind the collection of the data; that is, to use the data to improve the business strategies of the store according to the time, place, and locality.

Answer 14

Ch. 1.3 - Prob. 1JC Ch. 1.3 - Prob. 2JC Ch. 1 - Grocery shopping Many grocery store chains offer...Ch. 1 - Online shopping Online retailers such as...Ch. 1 - Super Bowl Sports announcers love to quote...Ch. 1 - Nobel laureates The website www.nobelprize.org...Ch. 1 - Prob. 5E Ch. 1 - ZIP codes The U.S. Postal Service uses five-digit...Ch. 1 - Voters A February 2010 Gallup Poll question asked,...Ch. 1 - Job hunting A June 2011 Gallup Poll asked...

Concept explainers

Videos

Answer to Problem 1E

Explanation of Solution

Want to see more full solutions like this?

Chapter 1 Solutions

Additional Math Textbook Solutions