Feasibility Study

Topics: Philippines, Statistics, Regression analysis Pages: 4 (1048 words) Published: December 29, 2012
Chapter I
Regression analysis is a statistical tool for the investigation of relationships between variables. The investigator seeks to ascertain the causal effect of one variable upon another—the effect of a price increase upon demand, for example, or the effect of changes in the money supply upon the inflation rate. To explore such issues, the investigator assembles data on the underlying variables of interest and employs regression to estimate the quantitative effect of the causal variables upon the variable that they influence. The investigator also assesses the “statistical significance” of the estimated relationships, that is, the degree of confidence that the true relationship is close to the estimated relationship. The investigator applies regression analysis on Minute Burger. It is a business that offers food service. The business is located at Bo. Obrero, Davao City. It was establish 2010 of September and is now on its 3rd year of operation. They are operating 24 hours a day. Minute burger has different branches all over the Philippines. The operation team per day is composes of six employees. They are known for their product specifically in burger. They serve different varieties of burger such as burger with cheese, chicken time, hotdog with bun and etc. Minute burger offers affordable products, the most affordable price of 26 pesos- buy one take one. The location of the business is accessible to the students and to the resident of the place near the location. In their three years of operation they already renovate and continue to improve their product and establishment.

Background of the Study
Minute Burger is a widely recognized brand that provides affordable and great tasting burgers that appeal to the palate of the Filipino mass market. Their products appeal to consumers who are looking for tasty burger, quick service and great value. It is the Food Service Division of LESLIE CORPORATION, a recognized food manufacturing company...
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