1 in 17.83

The odds a dollar spent by a household will be used to purchase food eaten away from home are 1 in 17.83 (US, 2004).

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Tagged as–

Household, Purchases, Eating, Food, Money
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Sources & Definitions

 

Source(s)

Consumer Expenditure Survey 2005. U.S. Bureau of Labor Statistics. February 2007.;(998)::1-19..

Definitions

household

A household consists of all the people who occupy a housing unit. A house, an apartment or other group of rooms, or a single room, is regarded as a housing unit when it is occupied or intended for occupancy as separate living quarters; that is, when the occupants do not live and eat with any other persons in the structure and there is direct access from the outside or through a common hall. A household includes the related family members and all the unrelated people, if any, such as lodgers, foster children, wards, or employees who share the housing unit. A person living alone in a housing unit, or a group of unrelated people sharing a housing unit such as partners or roomers, is also counted as a household. The count of households excludes group quarters. There are two major categories of households, 'family' and 'non-family'.

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Odds Statement provided by Book of Odds Inc., http://www.bookofodds.com/content/view/full/61295 (Accessed: )

Rounding Rules

Odds more likely than 1 in 10, such as 1 in 3.42, are rounded to three significant digits. Odds less likely than 1 in 10, such as 1 in 420.4, are rounded to four significant digits. Trailing zeros after the decimal point are dropped for readability, even though they may still be significant.

Odds you'll see: 1 in 4.26; 14.5; 143; 5,230; 433,200

Odds you won't see: 1 in 2.412; 63.042; 425,242c

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