Epic Pale Ale - NZ's Best Value Beer

So how do I know that I'm getting value for money? Up until now it has been calculated on-the-fly based on experience, gut-feel and some badly applied maths. I was having a bit of a slow day recently so I decided to devise the beer value formula. I had no idea how this formula would work. All I knew is that it would need to prove that Epic Pale Ale is the best value beer that money can buy in New Zealand

Like any good analyst I put my newly gathered statistics into a spreadsheet.  From there I worked out a standard cost - $per/100ml. The range here was no surprise, from 51 cents for that on-special Heineken to $2.33 for Chimay Grand Reserve. Epic (on special for $13.49 a 4 pack) came in sixth at $1.02.

Now how to apply quality? That could be a bit trickier. Quality of any product is intrinsic, it is a factor of the quality of its base components and the process used to put them together. But quality can only really be judged subjectively. The most effective quality rating systems are based on common scoring criteria and applied by a large group of qualified judges. Ratebeer.com is as good as it gets when it comes to rating consumer products. 
 
I added a new column to show the Ratebeer overall score. Seeing that Epic scored 97/100 and Heineken 7/100 I knew I was onto something. Now for the formula - I simply divided the Ratebeer score by the cost. The result of this division is effectively how much quality is bought with every dollar spent. 

Now last step – sort by value - and there it was Epic Pale Ale top of the pack at 95.10 (97/1.02) - no fudging required. 

 

For the full original posting of this great article see Brew Nation - New Zealand's Best Value Beer

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