On average, do people prefer a... 6 game package with 300-level, mid-court seats and a $20 gift
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Question:
- On average, do people prefer a...
- 6 game package with 300-level, mid-court seats and a $20 gift certificate for $35/seat or a
- 3 game package with 300-level, corner seats that come with a hotdog and soda for $15/seat?
- Consider a 10 game package with 300-level, midcourt seats and no promotion for $35/seat. Would the average customer rather get upgraded to 200-level, midcourt seats, or have a price reduction to $25/seat and a free hotdog and soda?
- Calculate the importance of each attribute and then list them in order from most important to least.
- Consider a 3 game package with 300-level, behind the basket seats and no promotion for $15/seat. How much would the average customer be willing to pay to move to 300-level seats on the corners?
- Bonus: Should you offer the free hotdog and soda promotion? Why or why not?
Related Book For
Applied Statistics and Probability for Engineers
ISBN: 978-1118539712
6th edition
Authors: Douglas C. Montgomery, George C. Runger
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