A Typical Example of Applying Data Analytics in Business Practice

 

This research report was conducted to help a company identify the best location to open a new restaurant in Toronto, Canada. Instead of relying on intuition, the research team utilized publicly available online data sources—such as population by area, geographic location, and the number of existing restaurants—to perform their analysis.

The process included:

 Collecting information about different areas in Toronto.

 Counting the number of restaurants currently operating in each area.

 Comparing these figures with population density.

 Creating visual charts and maps to identify areas with high population density but few restaurants.

Results:
The report identified five potential locations that the company should consider for opening a new restaurant, significantly increasing the likelihood of attracting customers and achieving business success.

Author: Le Thanh Lam — Date: February 6, 2020

See details at:

1. presentation.pptx

2. full-report-english.pdf