Analyze sales data

Assignment Help Business Management
Reference no: EM133143702

Prompt

Congratulations! You were just hired at Sephora to analyze sales data. Just in time for Valentine's Day! You have access to what products were purchased when they were purchased, and who purchased them. Your first task is to look over the data from the last four months (November - February). As you look through the data, you notice a giant increase in sales and then a giant drop in sales within those months. Your boss wants you to identify patterns and trends to figure out what happened.

Respond

After you read the prompt above, describe how Sephora can use descriptive, diagnostic, predictive, and prescriptive analytics to understand the increase and decrease in sales over the four-month Describe one use per analytic type, i.e. one use of descriptive analytics, one use of diagnostic analytics, etc, that Sephora could use to better understand the situation and potentially take action. In your descriptions be as specific as you can with data elements and specific analyses that you can identify.

Reference no: EM133143702

Questions Cloud

Do you believe that chris has any ethical responsibility : Do you believe that Chris has any ethical responsibility to reveal his drug-trafficking conviction to his new partner before they started the business
Hypothesis about erm system : Write a questionnaire for the below hypothesis about ERM system to collect data to why participants were not entering data in ERM.
What is the fair value of the lottery payments : The present value of an annuity due is 14.79864 × $100,000 = $1,479,864. What is the fair value of the lottery payments
Discuss the concept of concentric security : Discuss the concept of concentric security and what countermeasures, you would include and how would they be integrated.
Analyze sales data : Congratulations! You were just hired at Sephora to analyze sales data. Just in time for Valentine's Day! You have access to what products were purchased when th
Reports on customer service contain recommendations : Why is it important that reports on customer service contain recommendations? (Approx 20 words)
Providing shallow discussions of several concepts : Considering all the concepts you have learned in this course, what would you consider one of your most significant takeaways, and why?
Corporate governance principles and best practices : Business Risk, Key Assertions, Going Concern and Audit Committee Assessment - assessment of audit risk, key financial report assertions, going concern
Describe uber technologies main competitors : Describe Uber Technologies main competitors. Remember, our more direct competitors are typically firms that utilize similar strategies, have similar capabilitie

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd