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Per Person Sales Growth Over Punch Card % of Change in Avg Annual Sales Interior Seat
Square Feet Average Spending Previous Year (%) Net Sales Service Time (Min) Per Sq Ft Count
Per Person Sales Growth Over Punch Card % of Change in Avg Annual Sales Interior Seat
Square Feet Average Spending Previous Year (%) Net Sales Service Time (Min) Per Sq Ft Count
Per Person Sales Growth Over Punch Card % of Change in Avg Annual Sales Interior Seat
Square Feet Average Spending Previous Year (%) Net Sales Service Time (Min) Per Sq Ft Count
Background Noodles & Company is the new model for the quick casual
restaurant concept. They are setting the standard for modern casual dining
here in the U.S. in the 21st century. Noodles & Company first opened in
Colorado in 1995 and has not stopped growing since. They now have 300
restaurants in 20 cities. Noodles & Company has achieved this success with a
customer driven business model and fact-based decision making. Visit
www.noodles.com to find a Noodles & Company restaurant near you.
Background Noodles & Company is the new model for the quick
casual restaurant concept. They are setting the standard for
modern casual dining here in the U.S. in the 21st century. Noodles
& Company first opened in Colorado in 1995 and has not stopped
growing since. They now have 300 restaurants in 20 cities.
Noodles & Company has achieved this success with a customer
driven business model and fact-based decision making. Visit
www.noodles.com to find a Noodles & Company restaurant near
you.
Obs Alcohol% Fountain% BottledBev% Protein% Trios% Potstickers% Breads% Desserts% Sales/SqFt
1 1.05 4.93 3.62 9.51 4.79 1.88 1.32 1.96 701.97
2 0.00 5.04 5.04 11.45 6.22 2.79 1.10 1.62 209.93
3 0.69 6.51 2.33 9.87 5.52 2.14 2.16 1.62 364.92
4 0.55 6.39 3.89 11.08 2.90 1.70 1.69 1.71 443.04
5 0.49 6.07 2.62 8.76 13.30 2.15 2.35 2.40 399.20
6 1.34 4.25 3.52 9.63 3.77 2.01 0.82 2.92 264.64
7 0.63 6.33 3.77 11.04 2.75 1.68 1.40 2.67 571.59
8 1.03 4.67 3.48 11.17 4.94 2.15 1.09 2.09 642.25
9 0.64 6.97 3.31 7.79 5.80 1.47 2.56 1.61 461.45
10 0.86 7.41 3.50 7.80 5.71 2.35 1.95 1.67 638.82
11 0.78 6.72 3.27 8.40 6.06 1.60 2.04 1.51 484.38
12 1.16 5.30 3.34 8.40 12.27 2.07 2.21 1.85 581.09
13 1.12 5.83 2.81 10.11 6.38 1.50 2.07 2.02 267.71
14 0.52 6.15 3.20 11.15 2.55 1.75 1.27 2.20 572.84
15 0.94 5.08 3.48 12.10 3.16 2.02 0.97 2.61 586.48
16 0.72 5.87 3.31 9.48 13.83 2.05 2.81 1.80 368.73
17 0.88 5.91 3.81 11.75 4.36 1.74 1.02 2.25 351.47
18 0.77 5.83 2.24 9.53 9.72 2.33 1.90 1.66 458.24
19 0.97 4.15 4.52 9.81 11.09 1.90 0.82 2.09 987.12
20 0.60 6.85 3.14 8.87 7.27 1.63 2.53 1.79 357.45
21 1.38 6.13 3.73 9.77 8.15 2.33 1.10 1.53 405.77
22 0.75 5.54 4.16 9.93 8.88 1.77 1.31 2.78 680.80
23 0.76 5.66 3.06 12.11 4.68 1.62 0.99 2.14 368.02
24 0.51 5.20 3.18 12.10 3.03 1.91 1.44 2.46 303.95
25 0.82 5.50 3.56 11.06 2.88 1.77 1.27 2.72 393.90
26 0.77 5.35 3.46 8.68 3.60 1.58 2.04 1.95 562.12
27 1.08 8.19 4.11 7.40 6.44 1.66 2.42 1.50 494.88
28 0.60 6.37 3.94 9.85 2.82 1.97 1.52 2.13 310.07
29 0.89 5.90 5.52 10.00 14.94 2.88 1.32 2.08 373.46
Obs Alcohol% Fountain% BottledBev% Protein% Trios% Potstickers% Breads% Desserts% Sales/SqFt
30 0.00 6.84 2.76 9.71 10.79 2.52 2.43 1.84 235.81
31 1.18 6.02 3.13 8.12 6.76 1.96 1.87 1.73 413.08
32 0.96 4.34 3.79 9.73 10.23 1.75 0.78 2.20 625.22
33 0.48 5.40 3.81 11.83 4.80 1.77 1.81 2.10 274.30
34 1.31 3.28 4.79 10.38 11.04 1.83 0.67 2.34 542.62
35 0.65 7.08 3.06 10.10 5.68 2.45 2.14 2.11 178.56
36 1.10 7.40 3.80 7.66 5.82 2.07 2.23 1.79 375.33
37 1.10 7.11 2.93 8.67 7.42 1.33 3.50 1.26 329.09
38 0.85 5.61 3.96 12.24 4.58 3.12 1.14 1.76 297.37
39 1.06 7.59 3.37 7.49 5.66 2.01 2.11 1.63 323.17
40 0.71 7.44 3.13 7.95 6.81 1.62 3.24 1.63 468.84
41 0.59 6.24 3.45 11.51 2.84 1.73 1.34 2.40 352.57
42 1.21 4.33 3.66 11.06 3.54 1.75 0.89 2.69 380.34
43 0.65 5.73 3.38 10.67 2.64 1.95 1.52 2.44 398.12
44 0.61 5.87 3.17 12.46 3.05 1.86 1.50 2.38 312.15
45 0.66 5.50 3.06 8.40 7.14 1.40 1.95 1.82 452.16
46 0.86 6.65 3.39 10.26 4.83 2.21 1.71 1.45 698.64
47 0.66 8.17 3.27 9.01 5.72 2.06 2.38 1.86 367.19
48 0.67 7.41 3.06 9.05 5.24 2.21 2.57 1.77 431.93
49 0.89 5.27 4.23 11.63 3.50 2.38 1.62 1.94 367.06
50 0.66 6.50 4.08 9.29 6.09 2.03 2.87 1.62 400.53
51 0.74 7.15 3.36 8.20 4.12 1.67 1.91 1.80 414.36
52 0.81 6.72 3.11 8.37 5.98 1.64 2.80 1.53 481.11
53 0.66 7.15 3.22 7.82 5.32 1.30 2.26 1.92 538.06
54 1.90 5.52 6.23 9.63 20.38 1.93 0.81 1.59 330.48
55 0.76 5.64 3.26 10.47 4.99 1.55 1.25 2.46 249.93
56 1.10 6.69 4.08 9.34 12.51 2.67 1.22 2.14 291.87
57 0.81 8.37 3.78 7.43 5.80 1.66 2.51 1.65 517.40
58 0.88 4.89 3.18 10.38 2.41 2.00 1.42 2.53 551.58
Obs Alcohol% Fountain% BottledBev% Protein% Trios% Potstickers% Breads% Desserts% Sales/SqFt
59 0.45 7.56 3.34 8.73 5.87 1.42 3.01 1.60 386.81
60 0.76 6.98 3.97 9.41 2.68 1.84 1.41 2.45 427.50
61 0.57 5.40 3.44 10.15 2.46 1.57 1.41 2.58 453.94
62 1.18 5.32 4.50 9.95 4.44 2.55 1.43 1.27 512.46
63 1.52 6.49 3.85 11.78 6.22 2.74 1.06 1.27 345.27
64 0.92 7.65 3.88 8.27 5.68 2.11 2.70 2.03 234.04
65 0.69 7.30 4.02 9.87 6.97 2.65 2.22 1.76 348.33
66 0.00 6.15 2.14 10.57 11.27 1.99 2.32 1.73 348.47
67 0.95 6.72 4.56 8.76 17.97 2.25 0.76 1.56 294.95
68 1.27 4.86 3.96 11.47 3.44 2.30 0.99 2.49 361.14
69 0.86 5.44 3.95 11.99 5.76 2.24 1.14 1.34 467.71
70 0.48 5.26 3.42 11.05 2.51 1.84 1.48 2.58 403.78
71 0.70 7.37 2.97 8.43 5.68 2.27 2.04 1.99 245.74
72 0.52 6.48 4.18 11.34 6.47 3.28 1.51 1.80 339.94
73 1.06 6.66 3.87 7.90 7.51 2.66 1.50 1.45 400.82
74 0.52 6.08 3.91 14.30 3.42 4.11 1.48 1.29 326.54
Regression Statistics
Multiple R 0.54976128
R Square 0.30223746
Adjusted R S 0.25093139
Standard Erro118.779091
Observations 74
ANOVA
df SS MS F Significance F
Regression 5 415556 83111.2 5.89087158 0.00013991
Residual 68 959376.133 14108.4725
Total 73 1374932.13
CoefficientsStandard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
Intercept 1288.12319 381.297052 3.37826684 0.0012107 527.256765 2048.98961 527.256765
SqFt -0.1633189 0.03952095 -4.1324642 0.00010057 -0.2421818 -0.0844561 -0.2421818
Sales/Perso -44.950194 52.3457811 -0.8587167 0.39351378 -149.40457 59.5041858 -149.40457
SalesGrowt -4.0346723 2.25679093 -1.7877918 0.07826513 -8.5380284 0.46868393 -8.5380284
PunchCard% -46.419371 28.1256398 -1.650429 0.10346704 -102.54321 9.70446973 -102.54321
ChgServTim -6.9317586 19.0088833 -0.3646589 0.71649766 -44.863395 30.9998775 -44.863395
5*Sales/Person -4.04*SalesGrowth%-46.42*Punchcard%-6.93*ChgServTime
Regression Statistics
Multiple R 0.48300006
R Square 0.23328906
Adjusted R S 0.17691325
Standard Erro124.509361
Observations 74
ANOVA
df SS MS F Significance F
Regression 5 320756.622 64151.3244 4.13810605 0.00243202
Residual 68 1054175.51 15502.581
Total 73 1374932.13
CoefficientsStandard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
Intercept 429.252811 182.138038 2.35674446 0.02132304 65.8020151 792.703607 65.8020151
Seats-Inside -1.8145631 0.99735857 -1.8193688 0.0732576 -3.8047611 0.17563496 -3.8047611
Seats-Patio 1.27168228 1.06125108 1.19828597 0.23496544 -0.8460113 3.38937584 -0.8460113
MedIncome -0.0021046 0.00109398 -1.9238378 0.05856176 -0.0042876 7.8363E-05 -0.0042876
MedAge -0.0124974 4.48737311 -0.002785 0.99778604 -8.966911 8.94191625 -8.966911
BachDeg% 8.67194604 2.61814059 3.31225378 0.00148478 3.44752784 13.8963642 3.44752784
If p value for each varianble <0.05, the variable is significant else it is not significa
s-patio-0.002*MedIncome-0.12*MedAge+8.67*BachDed%
Regression Statistics
Multiple R 0.84794497
R Square 0.71901067
Adjusted R S 0.67440919
Standard Erro78.3096481
Observations 74
ANOVA
df SS MS F Significance F
Regression 10 988590.872 98859.0872 16.12078 6.7073E-14
Residual 63 386341.262 6132.40098
Total 73 1374932.13
CoefficientsStandard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
Intercept 1255.24716 245.492787 5.11317329 3.1863E-06 764.668973 1745.82535 764.668973
Salads 0.53540898 1.41155626 0.37930403 0.7057376 -2.2853611 3.35617907 -2.2853611
RiceKrispies 15.9454751 2.6347691 6.05194403 8.6594E-08 10.6803092 21.210641 10.6803092
Alcohol% -52.730777 37.0302835 -1.4239906 0.15938351 -126.72989 21.2683403 -126.72989
Fountain% -44.627745 14.3897637 -3.1013536 0.00288099 -73.383393 -15.872097 -73.383393
BottledBev%13.6537787 17.9588706 0.76028048 0.44992295 -22.234161 49.541718 -22.234161
Protein% -35.87575 10.3170458 -3.4773278 0.0009234 -56.492721 -15.25878 -56.492721
Trios% -4.9455513 3.31939512 -1.4898953 0.14124145 -11.578833 1.68773058 -11.578833
Potstickers -26.062138 25.0301125 -1.0412314 0.30174761 -76.080827 23.9565502 -76.080827
Breads% -18.217815 28.4949222 -0.6393355 0.52492266 -75.160373 38.7247431 -75.160373
Desserts% -220.56721 45.2723048 -4.8720119 7.7903E-06 -311.03669 -130.09773 -311.03669
Sales/SqFt= 0.53*Salads+15.94*RiceKrispies-52.73*Alchohol%-44.62*Fountain%+1
If p value for each varianble <0.05, the variable is significant else it is not significa
We can see that only RiceKrispies, Fountain%, Protein % and Desrts% are signific
Upper 95.0%
1745.82535
3.35617907
21.210641
21.2683403
-15.872097
49.541718
-15.25878
1.68773058
23.9565502
38.7247431
-130.09773
*Alchohol%-44.62*Fountain%+13.65*BottledBev%-35.87*Protein%-4.94*Trios%-26.06*Potstickers%-18.22*Breads%-220.56*Deserts
These statistics are a good first step in understanding what is going on in the dataset
Range is the different between the highest value and lowest value meaning the dataset is spre
Mode is the highest occuring value meaning 2500 is the most occurred value of SqFT
Standard error indicates how close is sample mean from the population mean
Meaning the mean value of SqFt of the entire population of restaurants is different by 43,58
pulation mean
aurants is different by 43,58
Seats-Patio MedIncome MedAge
120000
100000
80000
60000
40000
20000
0
-15.00 -10.00 -5.00 0.00 5.00 10.00 15.00 20.00 25.00
120
100
80
60
100
80
60
40
20
0
100.00 200.00 300.00 400.00 500.00 600.00 700.00 800.00 900.00
SUMMARY OUTPUT
es Growth %
Regression Statistics
Multiple R 0.2430163798
R Square 0.0590569609
Adjusted R Square 0.0459883075
Standard Error 6.4706074364
Observations 74
ANOVA
df
Regression 1
Residual 72
Total 73
Coefficients
Intercept 1.7665055542
MedIncome 8.991808738E-05
SUMMARY OUTPUT
ANOVA
df
Regression 1
Residual 72
Total 73
Coefficients
Intercept 592.9460361932
Seats-Inside -2.3325555374
SS MS F Significance F
88603.604206226 88603.604206226 4.9594324917 0.0290764442
1286328.5292316 17865.674017106
1374932.1334378
Standard Error t Stat P-value Lower 95% Upper 95%
79.0641850561 7.4995528731 1.312951645E-10 435.334463856 750.5576085303
1.0474082768 -2.2269783321 0.0290764442 -4.4205257767 -0.2445852981
This value is below .05 so it is considered statistically significant
This means that more seats inside indicates less sales per square foot
Our recommendation would be to decrease the amount of seats inside and move some
Lower 95.0% Upper 95.0%
-3.7376787565 7.2706898649
5.597187049E-06 0.000174239
cally significant
s higher sales growth %
who are wealthy as that will drive additional sales
Lower 95.0% Upper 95.0%
435.334463856 750.5576085303
-4.4205257767 -0.2445852981
cally significant
sales per square foot
mount of seats inside and move some to the patio