SOLUTION: Brigham Young University Wk 1 Descriptive Statistics Analysis Discussion

Attached. Please let me know if you have any questions or need revisions.Running head: BUSINESS REPORT1Business ReportStudent’s NameInstitutional AffiliationBUSINESS REPORT2Table of ContentsScope and Descriptive Statistics ……………………………………………………………………………………….. 3State the Report’s Objective ………………………………………………………………………………………….. 3Current Database …………………………………………………………………………………………………………. 3Descriptive Statistics Findings ………………………………………………………………………………………. 3Analysis…………………………………………………………………………………………………………………………. 4Recommendations and implementation ……………………………………………………………………………… 7BUSINESS REPORT3Business ReportThe report provides varying information to the executive management of Pastas R Inc,with vital information that would support decision-making regarding a possible expansion of thejoints. The report offers outcomes from the data analysis that will involve data collected from 74restaurants to track essential variables such as average sales per customer, sales growth, salesper sq. ft, and loyalty card usage as a % sales.Scope and Descriptive StatisticsState the Report’s ObjectiveThe report’s objective is to recommend the executive management on whether theestablished expansion criteria require improvement by evaluating the loyalty card marketingstrategy necessary to offer actionable improvement opportunities.Current DatabaseThe database comprises eight variables that enhance the tracking of the marketingstrategy employed by the chain of restaurants. Notably, the variables depict continuous variablesmeasured in ratio scale level of measurement. In this case, the analysis will include variablessuch as the sales growth percentage, loyalty card %, Sales/sq ft., medium income, medium age,and percentage bachelor degrees within 3 miles.Descriptive Statistics FindingsBell, Bryman, and Harley (2018) defined descriptive statistics as the information used todescribe various features attributed to a selected variable by evaluating summaries from asampled data. The table below illustrates the descriptive statistics for the selected variables in thePasta Restaurant Inc. database analysis.BUSINESS REPORT4InferencesTable 1 above illustrates the descriptive statistics for the selected variables selected forthis analysis. From the table, the sales growth %, loyalty cards%, Sales/sq/ft Median income,Median age, and Bachelor degree % respectively depicted a mean of 7.41, 2.03, 420.31,62807.70, 35.20, and 26.31. The standard deviation for the variables is 6.62, 0.55, 137.24,17904.27, 3.65, and 7.00, and the interquartile range of 7.44, 0.47, 150.72, 29241.25, 5.00 and10.50.AnalysisBachDeg% versus Sales/SqFtThe chart below illustrates the…

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