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Predicting Business Scenario: Tires Sales Analysis

   

Added on  2023-04-25

7 Pages529 Words498 Views
Introduction
The aim of the assignment was to predict a business scenario. The topic chosen
was to predict number of tires to be sold using data from the previous years. The
trend of purchase of Lugnuts and Wheels will also be shown but not a major
focus. It is a topic of interest because of the economy change over the past
years. It interests me because I want to major in Business Management and the
predictive analytics will expand my knowledge in this field. It is something that
people engaging in that kind of business should have some knowledge about.
The audience should grasp the basic information of the trend of tires sales over
the years. About life’s facts, this gives knowledge about the kind of businesses
that are fading out from the real market. It was estimated that 7,559 tires would
be purchased by customers in 2018 .
Predicting Business Scenario: Tires Sales Analysis_1
Histogram of Wheel Purchase
-The shape of histogram is asymmetric. The purchase of wheels is non-
normal and skewed to the right
Predicting Business Scenario: Tires Sales Analysis_2
Box-Whisker Plot: Lugnuts Purchase
The shape of the box-plot is asymmetric . It is non-normal and it
is skewed to the right.
Predicting Business Scenario: Tires Sales Analysis_3

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