The average bill amount spend by customer in a group is approximately ______ times that spent by a customer when single?
Average bill amount spent by customer in a group =
Total bill amount spent by customers in a group =
=RS.[(80∗5.20) + (50∗4.30) + (28∗4) + (30∗3.9) + (100∗5.5) + (72∗6)][80+50+28+30+100+72]
= Rs 5.12
Total bill amount spent by single customers =
=RS.[6∗210)+(4.8∗120)+(4∗50)+(4.2∗60)+(5.8∗180)+(6.1∗130)][210+120+50+60+180+130]
= Rs.5.50
Ratio =5.125.50=0.9 (approx)
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