Write a 750-word statistical report that includes the following sections:
Section 1Â – Scope and descriptive statistics
Section 2Â – Analysis
Section 3:Â Recommendations and implementation
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Scope and descriptive statistics
Restaurant data analytics is the process of analyzing every data point related to a business and converting them into meaningful insights, which can help improve everything from menus and staff straining to restaurant policies and marketing campaigns. Larger restaurants may even have 8 or more technology vendors on their payroll, which highlights the need to invest in a reliable analytics solution. Restaurants that operate on this scale, think McDonalds scale, may be looking at big solutions to understand and make use of the huge amount of data they generate.
Objective
The main objective of this research is to undertake data analysis in order to:
I. Understand whether the current expansion criteria can be improved.
II. evaluate the effectiveness of the Loyalty Card marketing strategy
III. identify feasible, actionable opportunities for improvement
The variables that were used in the analysis include the size of the restaurant in square feet, the average spending of an individual in a restaurant, the sales growth over the previous years, the loyalty card percentage of the net sales, annual sales per sq. ft., median income and median age.
The descriptive analysis
| Column1 | Obs | SqFt | Sales/Person | Sales Growth% | LoyaltyCard% | Sales/SqFt | BachDeg% |
| Mean | 37.5 | 2580.473 | 7.044054054 | 7.4140541 | 2.026486 | 420.3054054 | 26.31081081 |
| Standard Error | 2.5 | 43.58345 | 0.034555901 | 0.7701093 | 0.064212 | 15.95377053 | 0.814285102 |
| Median | 37.5 | 2500 | 7 | 7.03 | 2.075 | 396.01 | 26.5 |
| Mode | #N/A | 2500 | 7.03 | 4.05 | 2.04 | #N/A | 29 |
| Standard Deviation | 21.50581 | 374.919 | 0.2972611 | 6.6247303 | 0.552371 | 137.2395233 | 7.004745311 |
| Sample Variance | 462.5 | 140564.3 | 0.088364161 | 43.887052 | 0.305114 | 18834.68676 | 49.06645687 |
| Kurtosis | -1.2 | 3.760921 | 0.85439895 | 1.146166 | 1.4536 | 2.880513142 | -0.937297935 |
| Skewness | 1E-16 | 0.527171 | 0.903631503 | 0.4937475 | -0.756891 | 1.23589655 | 0.140544196 |
| Range | 73 | 2548 | 1.43 | 37.12 | 3.09 | 808.56 | 26 |
| Minimum | 1 | 1251 | 6.54 | -8.31 | 0.29 | 178.56 | 14 |
| Maximum | 74 | 3799 | 7.97 | 28.81 | 3.38 | 987.12 | 40 |
| Sum | 2775 | 190955 | 521.26 | 548.64 | 149.96 | 31102.6 | 1947 |
| Count | 74 | 74 | 74 | 74 | 74 | 74 | 74 |
The total count of the data that were used in this case was 74 as indicated from the descriptive analysis table above. Most of the sizes of the restaurants are around 2580 square feet and the sales percentage growth mean is 7.4 while the mean for sales per person is 7.0. The mean for the company sales per square is 420.30.
Analysis
Scatter plot of BachDeg% versus Sales/SqFt
The type of relationship that exist in this case is a positive relationship. This is because as the  X-values increase (move right), the  Y-values tend to increase (move up). excluding outliers, we can see that the X axis increases as the Y axis increases. The sales per size of the restaurant increases as the BachDeg increases.
Scatter plot for Med Income versus Sales/SqFt
The type of relationship that exist in this case is a positive relationship. This is because as the  X-values increase (move right), the  Y-values tend to increase (move up). excluding outliers. However, the data are scattered at the center and there is no huge increase on the X axis. This means the med income the increases steadily against the sales per square
Scatter Plot MedAge versus Sales/SqFt
In this case there is no relationship that exist.
LoyaltyCard (%) versus SalesGrowth (%)
The type of relationship that exist in this case is a positive relationship. This is because as the  X-values increase (move right), the  Y-values tend to increase (move up). excluding outliers
Recommendations and implementation
Based on the assessment above BachDeg% versus Sales/SqFt correlates and it is more effective. It shows that as the med income increases the size of the restaurant increases. Additionally, according to Scatter Plot MedAge versus Sales/SqFt, it shows that there is identified relationship between median age and the sales square per feet. It can be justified through use of line graph
The median age remains constant as the sales per square feet rise and fall which is a clear indication that there is no statistical relationship between the two. The loyalty card and the sales growth correlates.
Recommendations
The company should change the marketing strategy basing on % w/ Bachelor’s Degree (3 Miles) and the sales per square feet. Just like the loyalty card and the sales per square feet are correlated they should invest on the marketing strategies to increase the income of the restaurant
Instead of the company targeting the entire market they should focus on young people having the age of 35 years old. Since most of them having the age of 34 prefer having their services within the restaurant. The company implementing this strategy and committing their energy with this specific defined group with the market will help in improving their sales.
In a restaurant, collecting data is a bit easy as compared to other places. The most important thing to consider is identification cards. Identification may be a passport or a national identity card. Apart from acquiring the phone number and their address. Having this information will provide an endless opportunity for targeted marketing. Some of the POS systems allows the restaurant to access the demographic data of their customers and if they find missing data they can be filled using the public records.
References
Loeb, S., Dynarski, S., McFarland, D., Morris, P., Reardon, S., & Reber, S. (2017). Descriptive Analysis in Education: A Guide for Researchers. NCEE 2017-4023.  National Center for Education Evaluation and Regional Assistance.
Mavridou, A. M., Bergmans, L., Barendregt, D., & Lambrechts, P. (2017). Descriptive analysis of factors associated with external cervical resorption.  Journal of endodontics,  43(10), 1602-1610.
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Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
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There is a very low likelihood that you won’t like the paper.
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We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
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We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
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