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In: Statistics and Probability

The Excel file Myatt Steak House provides five years of data on key business results for...

The Excel file Myatt Steak House provides five years of data on key business results for a restaurant. Identify the leading and lagging measures, find the correlation matrix, and propose a cause-and-effect model using the strongest correlations.

Myatt Steak House
2010 2011 2012 2013 2014
Order Accuracy X1 86.0% 86.0% 89.0% 90.0% 95.0%
Timeliness of Delivery X2 84.0% 82.0% 86.0% 93.0% 95.0%
Table Cleanliness X3 4.8 4.8 5.1 5.6 5.8
Customer Satisfication X4 93.4% 93.2% 94.2% 95.3% 96.7%
Total # Complaints X5 492 467 431 326 310
Customer Referrals X6 6 12 24 48 96
Gross profit/seat X7 $9,000 $8,000 $11,000 $13,000 $13,250
Market Share X8 8.00% 8.10% 8.20% 8.50% 8.59%
Revenue per employee X9 $33,741.00 $27,454.00 $31,299.00 $36,291.00 $41,240.00
Menu Shortages X10 0.05% 0.04% 0.03% 0.03% 0.01%
Hourly Employee Turnover Rate X11 108% 93% 95% 86% 84%
Hourly Employee Satisfaction X12 61 64 63 75 78

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