Power Law of Customers' Expenditures in Convenience Stores
classification
⚛️ physics.soc-ph
keywords
convenienceexponentpowerstorechaincumulativecustomersdensity
read the original abstract
In a convenience store chain, a tail of the cumulative density function of the expenditure of a person during a single shopping trip follows a power law with an exponent of -2.5. The exponent is independent of the location of the store, the shopper's age, the day of week, and the time of day.
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