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Profiling UK rental malls. An analysis of the retail
Chapter , Problem 5E(choose chapter or problem)
Problem 5E
Profiling UK rental malls. An analysis of the retail rental levels of tenants of United Kingdom regional shopping malls was published in Urban Studies (June 2011). One aspect of the study involved describing the type of tenant typically found at a UK shopping mall. Data were collected for 148 Shopping malls, which housed 1,821 stores. Tenants were categorized into five different-size groups based on amount of floor space: anchor tenants (more than 30,000 square feet), major space users (between 10,000 and 30,000 sq. ft.), large standard tenants (between 4,000 and 10,000 sq. ft.), small standard tenants (between 1,500 and 4,000 sq. ft.), and small tenants (less than 1,500 sq. ft.). The number of stores in each tenant category was reported as 14, 61, 216, 711, and 819, respectively. Use this information to construct a Pareto diagram for the distribution of tenant groups at UK shopping malls. Interpret the graph.
Questions & Answers
QUESTION:
Problem 5E
Profiling UK rental malls. An analysis of the retail rental levels of tenants of United Kingdom regional shopping malls was published in Urban Studies (June 2011). One aspect of the study involved describing the type of tenant typically found at a UK shopping mall. Data were collected for 148 Shopping malls, which housed 1,821 stores. Tenants were categorized into five different-size groups based on amount of floor space: anchor tenants (more than 30,000 square feet), major space users (between 10,000 and 30,000 sq. ft.), large standard tenants (between 4,000 and 10,000 sq. ft.), small standard tenants (between 1,500 and 4,000 sq. ft.), and small tenants (less than 1,500 sq. ft.). The number of stores in each tenant category was reported as 14, 61, 216, 711, and 819, respectively. Use this information to construct a Pareto diagram for the distribution of tenant groups at UK shopping malls. Interpret the graph.
ANSWER:
Solution :
Step 1 of 1:
The data were collected for 148 Shopping malls, which housed 1,821 stores.
Tenants were categorized into 5 different-size groups.
1. Anchor tenants (more than 30,000 square feet).
2. Major space user (between 10,000 and 30,000 square feet).
3. Large standard tenants (between 4,000 and 10,000 square feet).
4. Small s