3. Clients of Mdavimler Meyhanesi come to the restaurant 5 times a month on average. What...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
3. Clients of Müdavimler Meyhanesi come to the restaurant 5 times a month on average. What is the average inter-purchase time of Müdavimler per customer? (assume that a month is 30 days) (10 points) 4. The defection rate of the time-deposit clients of White Bank is 20%? a) What is retention rate of White Bank's time deposit clients? (5 points) b) What is the life time duration of White Bank's time deposit clients? (5 points) 5. Compute the P (Active) of each of the three customers within the sixth month of activity, for the following clients. a) Customer A bought 4 times within first 3 months out of the observed 6 months. (5 points) b) Customer B bought 2 times within first 4 months out of the observed 6 months. (5 points) c) Customer C bought 3 times within first 5 months out of the observed 6 months. (5 points) 3. Clients of Müdavimler Meyhanesi come to the restaurant 5 times a month on average. What is the average inter-purchase time of Müdavimler per customer? (assume that a month is 30 days) (10 points) 4. The defection rate of the time-deposit clients of White Bank is 20%? a) What is retention rate of White Bank's time deposit clients? (5 points) b) What is the life time duration of White Bank's time deposit clients? (5 points) 5. Compute the P (Active) of each of the three customers within the sixth month of activity, for the following clients. a) Customer A bought 4 times within first 3 months out of the observed 6 months. (5 points) b) Customer B bought 2 times within first 4 months out of the observed 6 months. (5 points) c) Customer C bought 3 times within first 5 months out of the observed 6 months. (5 points)
Expert Answer:
Answer rating: 100% (QA)
3 To find the average interpurchase time of Mdavimler per customer we can use the information that c... View the full answer
Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Posted Date:
Students also viewed these finance questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
1 30 2 3 4 If A= = -1 2 1,B= 1 23 0 02 -1 1 2 5 9 13 (a) -1 2 4 -12 4 1 24 (C) -1 2 4 -2 24 then AB= 5 (b) -1 9 13 24 -2 2 4 (d) None of these
-
A cylinder fitted with a piston contains ammonia at 50C, 20% quality with a volume of 1 L. The ammonia expands slowly, and during this process heat is transferred to maintain a constant...
-
Olaf Distributing Company completed the following merchandising transactions in the month of April. At the beginning of April, the ledger of Olaf showed Cash of \($9,000\) and M. Olaf, Capital of...
-
What is a minute order?
-
Determine whether the following items included in Sung Company's bank reconciliation will require adjusting or correcting entries on Sung's books. When an entry is required, record it in general...
-
Identify and articulate a) profiles of two personality types suggested by either Big Five personality or Meyers-and-Briggs 16 personality types, and b) illustrate the differences with two persons who...
-
? ?? Journalize the closing entries. Include Posting References, using the account numbers in your spreadsheet. Refer to your answers from Chapter 4, Part 1 to complete this part. If an amount box...
-
It is assumed that a shaft caries four masses A, B, C and D which revolve in the same plane. The radii of rotations for these masses are 40 mm, 50 mm, 60 mm, and 30 mm. respectively. The given masses...
-
The biggest challenge to the industry in the future will have to be inflation. As the years pass we see an increase in housing and renting prices, especially in California where living prices have...
-
Debby was returning to the United States after a vacation when the Customs Service confiscated some goods she had purchased abroad and brought back with her. The determination of whether the...
-
A company can borrow money for five years at LIBOR plus 20 basis points. The five year fixed swap rate against floating LIBOR is 5%. What all-in fixed rate of interest will the company pay if it...
-
Elegance Couture began operations in 2018 and has a year-end of December 31. It is now early in 2024, and the company is about to prepare its adjusting journal entries for year-end. You have been...
-
How does understanding the audience influence the tone, language, and content of a business report or proposal? Provide examples of how you would tailor a report or proposal for different audiences,...
-
JL.53 Bob's Bumpers has a repetitive manufacturing facility in Kentucky that makes automobile bumpers and other auto body parts. The facility operates 290 days per year and has annual demand of...
-
Global.asax is used for: a. declare application variables O b. all other answers are wrong O c. declare global variables O d. handle application events
-
In Problem find the indicated function if cost and revenue are given by C(x) = 145 + 1.1x and R(x) = 5x - 0.02x 2 , respectively. Marginal average revenue function
-
In Problem discuss the validity of each statement. If the statement is always true, explain why. If not, give a counterexample. There exists a rational function that has both a vertical and...
-
In Problem use Theorem 2 to find the local extrema. f(x, y) = 2x 4 + y 2 - 12xy THEOREM 2 Second-Derivative Test for Local Extrema If 1. z = f(x, y) 2. fx(a, b) = 0 and f(a, b) = 0 [(a, b) is a...
-
This water jet of \(50 \mathrm{~mm}\) diameter moving at \(30 \mathrm{~m} / \mathrm{s}\) is divided in half by a "splitter" on the stationary flat plate. Calculate the magnitude and direction of the...
-
If the splitter is removed from the plate of Problem 4.75 problem and sidewalls are provided on the plate to keep the flow two dimensional, how will the jet divide after striking the plate? Data From...
-
A conical spray head is shown. The fluid is water and the exit stream is uniform. Evaluate (a) the thickness of the spray sheet at a radius of \(400 \mathrm{~mm}\) and (b) the axial force exerted by...
Study smarter with the SolutionInn App