Analyzing and drawing conclusions using data analytics and statistics tools
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Analyzing and drawing conclusions using data analytics and statistics tools

PICK ANY INDUSTRY [May be retail, service, manufacturing] (THINK LIKE BUSINESS ANALYTICS) For example, Walmart and Costco: Show comparison Steps you follow (It is a must adhere all the steps;):

1) Introduction

2) Literature Review

3) Methodology

4) Analysis

• Sorting and organizing data

• Analyzing and drawing conclusions using data analytics and statistics tools

• Identify trends and patterns

• Measure tendencies, such as the average/mean, standard deviation, index numbers (per cent change), correlations, Time series analysis etc.

5) Conclusion

Hint
BusinessStandard deviation: It is a statistic which measures the data set 's dispersion which is relative to its mean. It is calculated as the square root of variance by determining the each deviation of the data point that is relative to the mean. It basically calculates all the uncertainty as the risk, even if it is in the favor of the investor....

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