Statistical Consulting for Business Decision$-$Making Assignment

Background:

You are a statistical consultant hired by a company. The CEO has approached you with a general question regarding the company's performance and market trends. The specific question will be revealed to you in a detailed brief.

Objectives:

$-$ Apply statistical methods to analyze real$-$world business data.

$-$ Provide insights and recommendations to the CEO based on your analysis.

Assignment Details:

$1.$ Conduct Exploratory Data Analysis $($EDA$)$:

$-$ Conduct an initial exploration of the data to understand its characteristics.

$-$ Use visualizations to identify patterns, outliers, and any interesting features.

$2.$ Interpretation of Results:

$-$ Interpret the results of your analysis in the context of the CEO's question.

$3.$ Recommendations:

$-$ Based on your analysis, provide actionable recommendations to the CEO.

$4.$ Questions:

$1.$ What are the best and worst$-$selling SKU items? by color? by size?

$2.$ What is the average order value?

$3.$ What are the peak days or time periods with the highest sales? Do sales follow a trend or a seasonality?

$4.$ Extra credit: Predict sales in the next months.