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Problem Solving and Digital Operations Analysis 2022

   

Added on  2022-10-06

12 Pages564 Words21 Views
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Data Analysis, Problem
Solving and Digital
Operations
Problem Solving and Digital Operations Analysis 2022_1

Data quality seems good
Reasons
Incidence of missing values is quite minimal which
makes it easier to deal with the same
Data set includes a large sample size which enables
better understanding of inter-relationships between
variables.
The data includes key variables such as sales, profit
along with other likely variables which can impact the
above two variables
The data contains a healthy mix of both qualitative
and quantitative variables thereby allowing a host of
tools to be used
Data Quality
Problem Solving and Digital Operations Analysis 2022_2

Given dataset comprises of information on
8399 customer purchases
Information relates to use of various
qualitative variables and quantitative
variables
Qualitative variables (Order Priority, product
category, sub-category, Ship Mode,
Province
Quantitative variables (Profit, Unit price,
Shipping Cost, Sales, Order quantity,
Discount)
Summary of content
Problem Solving and Digital Operations Analysis 2022_3

Key factors to consider
Order quantity – Positive relationship but weak in
strength
Sales – Positive relationship and moderately strong
in strength
Shipping Mode – Delivery truck seems to have
highest profitability but may be linked to product
type as well
Product category – Average profit seems to be the
highest in technology
Produce sub-category – Copies and faxes have
significantly higher unit profit
Insights regards
profitability
Problem Solving and Digital Operations Analysis 2022_4

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