DIETS ARE BIG BUSINESS. A diet that helps people lose weight also helps its disc

Question

DIETS ARE BIG BUSINESS. A diet that helps people lose weight also helps its discoverer earn a lot of money. In 1972 Robert Atkins published Dr. Atkins’ New Diet Revolution. He bucked the prevailing wisdom by recommending a diet rich in fat, and his book sold more than 10 million copies.
Fitness centers have noticed the interest in losing weight. The promise of a trim body attracts and keeps members. If a fitness center helps its members control their weights, they keep paying their fees. The chain of fitness centers that we are advising credits diet counseling with retaining 5,000 subscribers nationwide. A better diet should retain more. Management is considering advertising a trademarked diet in an upcoming promotion. The proprietary diet brings name recognition, but the chain will have to pay a $200,000 fee to use the name. Fitness centers can advertise a recommended food pyramid for free.
Is one diet more effective than the other? Should the chain expect members on one diet to lose more weight than those on the other? Use the Atkins diet to represent a trendy program. For the adoption of the Atkins diet to be profitable, it’s not enough for members to lose weight. A trendy diet has to retain enough additional members to cover the $200,000 licensing fee. Which choice would you recommend? Which statistics help you decide? Please discuss. DIETS ARE BIG BUSINESS. A diet that helps people lose weight also helps its discoverer earn a lot of money. In 1972 Robert Atkins published Dr. Atkins’ New Diet Revolution. He bucked the prevailing wisdom by recommending a diet rich in fat, and his book sold more than 10 million copies.
Fitness centers have noticed the interest in losing weight. The promise of a trim body attracts and keeps members. If a fitness center helps its members control their weights, they keep paying their fees. The chain of fitness centers that we are advising credits diet counseling with retaining 5,000 subscribers nationwide. A better diet should retain more. Management is considering advertising a trademarked diet in an upcoming promotion. The proprietary diet brings name recognition, but the chain will have to pay a $200,000 fee to use the name. Fitness centers can advertise a recommended food pyramid for free.
Is one diet more effective than the other? Should the chain expect members on one diet to lose more weight than those on the other? Use the Atkins diet to represent a trendy program. For the adoption of the Atkins diet to be profitable, it’s not enough for members to lose weight. A trendy diet has to retain enough additional members to cover the $200,000 licensing fee. Which choice would you recommend? Which statistics help you decide? Please discuss. DIETS ARE BIG BUSINESS. A diet that helps people lose weight also helps its discoverer earn a lot of money. In 1972 Robert Atkins published Dr. Atkins’ New Diet Revolution. He bucked the prevailing wisdom by recommending a diet rich in fat, and his book sold more than 10 million copies.
Fitness centers have noticed the interest in losing weight. The promise of a trim body attracts and keeps members. If a fitness center helps its members control their weights, they keep paying their fees. The chain of fitness centers that we are advising credits diet counseling with retaining 5,000 subscribers nationwide. A better diet should retain more. Management is considering advertising a trademarked diet in an upcoming promotion. The proprietary diet brings name recognition, but the chain will have to pay a $200,000 fee to use the name. Fitness centers can advertise a recommended food pyramid for free.
Is one diet more effective than the other? Should the chain expect members on one diet to lose more weight than those on the other? Use the Atkins diet to represent a trendy program. For the adoption of the Atkins diet to be profitable, it’s not enough for members to lose weight. A trendy diet has to retain enough additional members to cover the $200,000 licensing fee. Which choice would you recommend? Which statistics help you decide? Please discuss.

Explanation / Answer

Here we are find coefficient of variance of both diet groups.

Which diet having Less c. v it is more effective diet

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