Macd vs kfc

STATISTICAL ANALYSIS

GROUP MEMBERS

AVI PIPADA - 13011 YUSUF SHAIKH - 13043 SHEFALI RAMAWAT –

13065 ZAIN SHAIKH - 13086 KHUSHBOO JAIN - 13091

• The McDonald's Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries.

• Headquarter in the United States, the company began in 1940 as a restaurant operated by Richard and Maurice McDonald

• Sells hamburgers, cheeseburgers, chicken, frenchfries, breakfast items, softdrinks,milkshakes, and desserts. In response to changing consumer tastes, the company has expanded its menu to include salads, fish, wraps, smoothies, and fruit

• KFC (whose name was originally an acronym for Kentucky Fried Chicken) is a fast food restaurant chain which specializes in fried chicken.

• Headquartered in Louisville, Kentucky, United States (US). It is the world's second largest with over 18,000 outlets in 120 countries and territories as of December 2012.

• KFC serves chicken products such as chicken fillet burgers and wraps, as well as salads and side dishes such as French fries and coleslaw, desserts and soft drinks.

RESEARCHMETHODOLOGY

Data collection

• Preparing a questionnaire of two different fast food chains using

different variables

• Where people had to rate it on the scale of 1 to 10

• Data was collected from the people who had visited both McDonald

and KFC .

• The sample size taken into consideration was 60

• The mean was calculated and was further considered for the rest of

calculations

SR. NO. VARIABLES MC DONALD’S KFC

1 RATE

2 BURGERS

3 MEAL

4 DRINKS

5 VALUE FOR MONEY

6 AMBIENCE

7 CUSTOMER SERVICE

8 QUANTITY

9 BRAND LOYALTY

10 AVAILABILITY OF OUTLETS

MC DONALD’S VS

KFCHOW WOULD YOU RATE THE FOLLOWING ON THE SCALE OF 1 -10?

McDonaldVariables Mean Median Mode S.D Correlation

analysisANOVA Kurtosis Skewness

Rate 7.60 8 8 1.34

Burgers 7.82 8 9 1.33

Meal 7.38 8 1.56

Drinks 7.13 7 1.81

Value for Money

7.82 8 1.89 0.37

Ambience 7.18 7 1.71

Customer Service

7.37 8 1.81

Quantity 7.33 7 1.35 0.37

Brand Loyalty

7.98 8 1.44

Availability of Outlets

8.05 8 1.63

KFCVariables Mean Median Mode S.D Correlation

AnalysisANOVA Kurtosis Skewness

Rate 6.57 7 7 1.97

Burgers 6.13 6.5 7 1.80

Meal 6.46 7 1.97

Drinks 7.13 7.5 1.82

Value for Money

6.88 7 1.55 0.51

Ambience 6.9 7 2.08

Customer Service

7.01 7 1.82

Quantity 6.92 7 1.57 0.51

Brand Loyalty

6.87 7 1.64

Availability of Outlets

6.63 7 1.74

MEAN

MEAN:

• The most popular and widely used measure of representing the entire data by one value is called as Arithmetic Mean.

• INTERPRETATION:

The mean rating of McDONALD is high.

VARIABLES McD KFC

RATINGS 7.60 6.57

Median• It is a measure of central tendency which appears in the middle of order sequence of

values i.e. half of the observation in the set of the data are lower and half are greater than it .Hence median is called as ‘Positional Average’ .It is calculated as

• N/2 - Locate the median Class = Median Position• Median = L+ [{(N/2 – P.C.F)/F}×i]

Where, L=Lower limit of the class interval of median class P.C.F=Preceding Cumulative Frequency F=Frequency of median class i =class interval• INTERPRETATION:

The Median of VALUE FOR MONEY of McDONALD is high.

VARIABLES McD KFC

VALUE FOR MONEY 8 7

Mode• Mode is defined as the value which occurs maximum number of time i.e. which

has maximum frequency .

• Results:

This shows the mode of ambience of is more.

VARIABLE McD KFC

AMBIENCE

Standard Deviation• It is a measure of how much spread or variability is present in the sample. If all the number in

the sample are very close to each other in such cases SD is zero (0) and if the numbers are well dispersed than SD tends to be large. It is calculated as:

•

Standard Deviation (б) = ∑( x-x ) n-1

• Results:

The Standard deviation of KFC is higher which means that the availability of outlets is less.

2

VARIABLE McD KFC

AVAILABILITY OF OUTLETS

1.63 1.74

SKEWNESS

• Measures of asymmetry of data – Positive or right skewed: Longer right tail– Negative or left skewed: Longer left tail

Formula:-• 3(Mean-Mode)• Std deviation

VARIABLE McD KFC

AMBIENCE

KURTOSIS

• In statistics, kurtosis is any measure of the "peakedness" of the probability distribution of a real-valued random variable.

We can say that the majority of the rating of the people lie around the mean

VARIABLE McD KFC

AMBIENCE

COEFFICIENT OF VARIATION

• Coefficient of Variation: The standard deviation of data divided by it’s mean. It is usually expressed in percent.Coefficient of Variation= 100

x

VARIABLE McD KFC

Availability of Outlets 20.24% 26.24%

Karl- Pearson’s Coefficient Of Correlation

• Correlation is a statistical tool with the help of which the

relationship between two or more variables is studied.

• The measure of correlation is called as co-efficient of

correlation and denoted by ‘r’.

• Types of correlation :

1) Positive correlation

2) Negative correlation

Co-efficient of Correlation(r) = ∑ x y

∑x² . ∑y²

Interpretation:-They both show a negative correlation.

VARIABLE McD KFC

QUANTITY V/SVALUE FOR MONEY

0.37 0.51

Conclusion

• The conclusion so drawn from the data was that both the places rated good on different variables and some did not. So it could be concluded that depending on customers priority for a particular variable the person could visit the restaurant which was good for that particular variable.

THANKYOU !