Answer:
A.positive and fairly strong
Step-by-step explanation:
Since an increase in food quantity usually means an increase in price, quantity and price are directly proportional, which configures a positive correlation.
Since it is stated that this relationship in observed at most restaurants, it can be concluded that there is a fairly strong correlation between the amount of food served per person and the price paid for it.
Therefore, the answer is, A.positive and fairly strong
Answer:
The answer is A which is Positive and fairly strong.
Step-by-step explanation:
To properly do justice to the selected answer above, we describe a simple scenario.
Imagine yourself, content and perhaps a bit over-full after a lovely meal at a local restaurant. Then, the extravagant bill arrives.
Does this high cost affirm your belief that this meal was valuable and thereby influence your reordering of it?
Or does the cost of the meal overshadow your enjoyment of it and leave you wishing you had chosen a simple meal at a better price point?
What features must an expensive restaurant provide you over a bargain one to justify the extra cost?
Based of the question asked in respect to the scenario above, researchers went on a an experiment collecting different data from a restaurant and used the Latent Dirichlet Allocation (LDA) model to classify each review of the data and key words like ( e.g. food, service, price, ambiance, anecdotes, miscellaneous) were paid attention to.
After analysis, it was perceived that the value is such a tricky parameter to measure, marketers, restaurateurs and economists often overlook it, instead focusing on objective restaurant price and quality’s effect on customer satisfaction.
