Wednesday, October 23, 2013

Research Paper

Introduction: (written by Katie)
Different grocery stores claim to have the best prices. "Save money, live better" suggests that Wal-Mart has the best prices. Who really has the greatest savings? Wal-Mart, Meijer, Kroger, Dillman's, Marsh? We believe Kroger will have the lowest prices. We also think that Wal-Mart will come in second to Kroger.

Materials and Methods: (written by Alyssa)
To do this experiment, one person will go to a grocery store and check the prices of seventeen different common grocery store items. We will do this to a total of five grocery stores using the same seventeen items. One person was assigned to each grocery store: Katie to Meijer, Allisa to Dillman's, Brent to Wal-Mart, Matt to Marsh, and Cole to Kroger. The items chosen were: a gallon of 2% milk, Tide detergent, 32 oz Gatorade, a box of Ritz crackers, Pillsbury cinnamon rolls, Easy Mac single-serve four-pack, one pound of Sara Lee deli ham, a Hershey candy bar, Tombstone pepperoni pizza, twelve-pack of Pepsi, ten-count Oscar Mayer hot dogs, 8 oz shredded Kraft cheddar cheese, a package of Oreo's, Tropicana orange juice, and a can of Campbell's chicken noodle soup. Afterwards, the prices were compiled and compared to determine which store had the best prices.

Results: (put together by Matt)




Discussion: (written by Brent and Cole)
Based upon our findings about the prices of products at different stores, this group would suggest shopping at Wal-Mart for the overall lowest prices on everyday goods and items. The prices at Wal-Mart were, by a large margin, lower. It also seemed that Marsh had the most expensive prices compared to the other stores. But, there were some outliers where Wal-Mart had a high price, such as on milk or Gatorade. If this experiment were to be repeated, we would recommend that the experimenter have a larger pool of items to compare.