Question: . ( 3 + 3 + 3 = 9 pt ) Suppose you have a sample of 4 0 Syracuse area households. Each household visited
pt Suppose you have a sample of Syracuse area households. Each household visited exactly one grocery store on and exactly one grocery store on They only visited one of four stores: A Aldi B Price Chopper C Trader Joes or D Wegmans The stores visited are provided below.
Household Household
C C A B
D C B A
D D D D
A A C C
D D D D
C C D D
A A B B
A A D D
B B D D
A B D D
D D D D
C C D D
B B D C
D C A A
A A B B
C C B A
C C B B
D D B B
D C D D
D D A A
a Prepare a brandswitching matrix from the data given. This is the crosstabulation where store visited on is the row variable, and store visited on is the column variable. You can prepare the matrix directly from the data given above, or using Excel.
Answer:
A B C D
A
B
C
D
b Compute the market share of each store on and on for this sample of households. You can answer this question by using the brandswitching matrix from a or by directly counting how many households visited a store on a given date directly from the data.
Compute the market share of a store on a given date as the fraction of the sample that visited the store on that date, multiplied by For example, if households out of visited Store X on then the market share of Store X on is times
Answer:
Store Number that went to store on Market Share of store on Number that went to store on Market Share of store on
A
B
C
D
c Based on the brandswitching matrix, what can you say qualitatively about the nature of competition among these stores?
For each store, examine if it is gaining customers from or losing customers to any other store. If it is gaining or losing, is the gainloss oneway or twoway? If it is oneway switching, then which store is losing customers?
Answer:
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