Statistical Concepts in Business Decision$-$Making: Explain how these concepts are relevant to making business decisions in the context of product portfolio optimization without requiring in$-$depth mathematical calculations.

Formulating a Strategic Hypothesis: Formulate a strategic hypothesis related to product portfolio optimization. Explain the rationale behind your hypothesis and how it will impact LF Academy Gourmet$$s product portfolio.

Submission Requirements:

Prepare a well$-$structured presentation that includes an introduction, data considerations, strategic hypothesis, and recommendations. Ensure your explanations focus on the strategic implications rather than actual statistical calculations.

Note: This assignment is designed to assess your ability to apply business analytics concepts at a strategic level, without requiring detailed statistical calculations. Please ensure that your recommendations are actionable and aligned with the broader business context of product portfolio.