Statistics Final Project

Connor Yoo, Hanmil Kim, Yejin Myeong

Ivy Collegiate School
June 1st, 2018
-​Preface
One of the most abundant types of food that the modern people consume is fried chicken. And
because of that, the amount of chicken restaurant has increased dramatically. Many media also started to
portray several representations of this sensational food. Many youtube videos have content regarding the
consumption and creation of fried chicken. While this aspect of Korean culture is expanding across
peninsula, the Korean housing industry also facing large problems. Specifically, a large amount of
speculation(the purchase of an asset with the hope that it will become more valuable at a future date)
causing a large disparity between profits, as well as, a significant surplus of houses. Keeping these
problems in mind, we wanted to compare to see if the price of houses has anything to do with the amount
of chicken restaurant around the nearby area in cheongna city. Cheongna International City served to be a
sufficient candidate as it is one of the three cities that are part of the Incheon Free Economic Zone
Authority(IFEZ for short)
We decided our Null and Alternative hypothesis.

Null Hypothesis:​ The price of houses and amount of restaurants are not related.

Alternative Hypothesis:​ The amount of restaurants increase as house prices increase.

-Data Collection
In the case of data collection, we first decided to divide Cheongna city into three districts

This district separation was done by the government during the development of the city, and thus, proved
to be a adequate separation of an otherwise large city.
​DATA COLLECTION STAGE I
We then began by collecting data on the prices of houses by 3.3m​2 ​ for each apartment complex in
Cheongna. We acquired the data through multiple housing transaction websites so that the data we
collected is true. The following chart gives our data on the apartment complexes.

District 1
Cheongna District 1 Cost per 3.3 m^3
청라린스트라우스 1.2
청라풍림엑슬루타워 1
청라힐데스하임 1.2
광명메이루즈 1.2
중흥 S클라스 2단지 1.1
서해글랑블 1.2
청라 19단지 웰카운티 1
호반베르디움 1.1
청라자이 1.08
중흥 S클라스 1단지 1
청라단지 17단지 웰카운티 1

District 2
Cheongna District 2 Cost per 3.3m^2

청라푸르지오 1.5

청라더샵레이크 1.5

청라호반베르디움 1.2

청라하우스토리 1.2

청라힐스테이트커낼뷰 1.1

인천청라한일베라체 1.1

동양엔파트 1

청라롯데캐슬 1.2

청라LH 0.99

청라한라비발디 1.245
청라제일 풍경채 1.082

제일풍경채 2차 에듀앤파크 1.3

청라한화꿈에그린 1.2

District 3
Cheongna District 3 Cost per 3.3m^2
청라한양수자인 0.99
청라동양엔파트 0.91
청라반도유보라2차 1
골드클래스 0.96
청라반도유보라 0.93
우미린 1.1
청라힐스테이트 1.1
청라sk뷰 1.1
청라동문굿모닝힐 1.045
***some apartment complexes were left out of the data collection, due to the lack of data regarding their
prices.

In the case of collecting data on the number of Chicken restaurants we utilized multiple websites to count
the amount of chicken restaurants.
However, due to the possibility that the internet might not have data on some of the restaurants, we
decided to actually go around each district in search of chicken restaurants.
This proved to be the correct move, as we found multiple chicken restaurants that were not listed on the
internet.
The following charts give information on the chicken restaurants in each district.
District 1

District 1 Name of Chicken Restaurant

또르보치키니닭

티바두마리치킨청라1호점

지코바치킨 청라1호점

할매닭강정

뽁스파닭

피자나라치킨공주 인천청라점
치킨매니아 청라1호점

BBQ치킨 인천청라점

거성치킨 인천청라점

돈치킨 청라점

깐부치킨 청라1동점

화르화르 인천청라점

옛날터닭강점

계동치킨 청라점

뽁스파닭

맘스터치 청라1호점

누나홀닭 청라점

처갓집 양념치킨 청라점

네네치킨 청라1호점

보드람치킨 청라점

교촌치킨 청라점

모던통닭 인천청라점

BHC치킨 청라연희점

치킨쏠레

오븐에 빠진닭 청라점

BBQ 청라타워점

또봉이통닭 인천청라점

치킨붐붐청라점

노랑통닭 청라점

또래오래 청라점

핫썬치킨 청라점

호식이두마리치킨 청라1호점
 멕시카나치킨 청라점

굽네치킨 청라1호점

해시바이크

바른치킨 청라연희점

오늘통닭 인천청라점

Total: 37

District 2
District 2 Name of Chicken Restaurant

BHC치킨 청라중앙점

페라카나 청라점

푸라닭 청라점

대땅치킨 청라점

대땅치킨청라호수공원점

빈스치킨

본바닭바베큐삼계탕 청라국제도시점

BBQ치킨 청라타워점

쌀통닭 청라점

강정이가기가막혀

신통치킨 청라점

불로판숯불바베큐청라커낼로점

전설의옛날통닭

페리카나청라1점

BHC치킨 청라점

주닭비어

60계 치킨 인천청라점
 치킨마루 청라호반호수공원점

치킨마루호반호수점

Total: 19

District 3
District 3 Name of Chicken Restaurant

구어조은닭 SK점

TOT 청라SK뷰점

맘스터치 청라호수공원점

바른치킨 청라호수공원점

스타닭스

스타치킨

가마로강정 청라점

스타닭스 청라점

치킨마루 청라5단지호수공원점

굽네치킨 청라2호점

Total: 10

We then created a scatter plot respect to the average price of the districts and the amount of chicken
restaurants.
District AVG Price Amount of Chicken Restaurant
1 1.122 37
2 1.245 19
3 1.045 10
After creating this, we could see a clear problem behind our original data collection method. The 3 data
points proved to be not statistically significant due to the lack of data points.Furthermore, a regression
line showed a residual plot that had a distinctive shape.

Individual Statistics
Statistics Value

Correlation Coefficient 0.200

Mean​x 22

Mean​y 114

Standard Deviation​x 13.7

Standard Deviation​y 0.10

Another problem was seen as we were examining the individual statistical value. First of all, the standard
deviation of each of the variables were inside of there 10% range. Another problem is the correlation
coefficient of the two values. A coefficient of 0.200 is too low for us to say that there is any statistical
correlation between the two variables.
​DATA COLLECTION STAGE II
We then approached the problem in a different way. We counted the number of chicken restaurants near
each apartment complex. And then we created a new scatter plot with the data.

The most common

size in each House Price of Amount of chicken
Apartment Complex Cost for 3.3M^2 complex most abundant Restaurants
청라린스트라우스 1.2 164 196.8 4
청라풍림엑슬루타
워 1 149 149 9
청라힐데스하임 1.2 85 102 2
광명메이루즈 1.2 110 132 0
중흥 S클라스 2단지 1.1 167 183.7 1
서해글랑블 1.2 87 104.4 0
청라 19단지
웰카운티 1 126 126 4
호반베르디움 1.1 114 125.4 0
청라자이 1.08 147 158.76 2
중흥 S클라스 1단지 1 145 145 6
청라단지 17단지
웰카운티 1 113 113 4
청라린스트라우스 1.2 164 196.8 4
청라풍림엑슬루타
워 1 149 149 9
청라힐데스하임 1.2 85 102 2
광명메이루즈 1.2 110 132 0
중흥 S클라스 2단지 1.1 167 183.7 1
서해글랑블 1.2 87 104.4 0
청라 19단지
웰카운티 1 126 126 4
호반베르디움 1.1 114 125.4 0
청라자이 1.08 147 158.76 2
중흥 S클라스 1단지 1 145 145 6
청라단지 17단지
웰카운티 1 113 113 4
청라한양수자인 0.99 150 148.5 0
청라동양엔파트 0.91 146 132.86 0
청라반도유보라2차 1 154 154 0
골드클래스 0.96 142 136.32 0
청라반도유보라 0.93 155 144.15 2
우미린 1.1 111 122.1 0
청라힐스테이트 1.1 113 124.3 0
청라sk뷰 1.1 146 160.6 5
청라동문굿모닝힐 1.045 141 147.34 0

Just by looking at the scatterplot, we can say that there seems to be little to no correlation between the
house price and the amount of chicken restaurants. But, to be sure, we should calculate the correlation
coefficient
Individual Statistic Value

Statistics Value

Correlation Coefficient 0.2436

Mean​x 140.7

Mean​y 2.28

Standard Deviation​x 23.422

 Standard Deviation​y 2.951

The results show that it seems like that the price of the house has little to nothing do with the amount of
chicken restaurants near the apartment complexes.​ Which gave us evidence to accept the null
hypothesis​.
However, we were still curious on what the amount of chicken restaurants differed so much.

We then moved on the look at the amount of schools in each district respect to the amount of chicken
restaurants.
Alternative Approach
We counted the number of schools in each district and created a scatter plot to show the relationship
between the two.
Correlation
The the result was limited but linear enough to be seen as a correlation.
We concluded that there is a correlation between the number of schools and the amount of chicken
restaurant in each of the districts in Cheongna.

So, if you want chicken in a hurry in cheongna, try and go and find a school and you might be able to find
a chicken restaurant with high probability.