Giter Club home page Giter Club logo

confidence-interval-clt-retail-superstore's Introduction

Confidence-Interval-CLT-Retail-Superstore

This project is all about utilizing the concepts of Confidence Interval and Central Limit Theorem to to analyze the customer purchase behavior against the customer’s gender and the various other factors to help the business make better decisions.

Overview

This project is all about using the concepts of Confidence Intervals and Central Limit Theorem, where confidence intervals provide a range of plausible values for population parameters, while the central limit theorem justifies the use of normal distribution for sample means. These concepts are essential for making inferences about populations based on sample data and have wide-ranging applications in statistics, research, and various fields that rely on data analysis.

Project Flow

  1. Data Pre-Processing
  2. Exploratory Data Analysis
  3. Application of CLT (Central Limit Theorem)
  4. Conclusions and Recommendations

Business Problem

The Management team at at a multi-national retail hypermarket gaint wants to analyze the customer purchase behavior (specifically, purchase amount) against the customer’s gender and the various other factors to help the business make better decisions.They want to understand if the spending habits differ between male and female customers: Do women spend more on Black Friday than men?

The company collected the transactional data of customers who purchased products from the stores during Black Friday

Tools Used

  • NumPy
  • Pandas
  • Matplotlib
  • Seaborn

confidence-interval-clt-retail-superstore's People

Contributors

tejaswi-swarna-98 avatar

Stargazers

 avatar

Watchers

 avatar

Recommend Projects

  • React photo React

    A declarative, efficient, and flexible JavaScript library for building user interfaces.

  • Vue.js photo Vue.js

    🖖 Vue.js is a progressive, incrementally-adoptable JavaScript framework for building UI on the web.

  • Typescript photo Typescript

    TypeScript is a superset of JavaScript that compiles to clean JavaScript output.

  • TensorFlow photo TensorFlow

    An Open Source Machine Learning Framework for Everyone

  • Django photo Django

    The Web framework for perfectionists with deadlines.

  • D3 photo D3

    Bring data to life with SVG, Canvas and HTML. 📊📈🎉

Recommend Topics

  • javascript

    JavaScript (JS) is a lightweight interpreted programming language with first-class functions.

  • web

    Some thing interesting about web. New door for the world.

  • server

    A server is a program made to process requests and deliver data to clients.

  • Machine learning

    Machine learning is a way of modeling and interpreting data that allows a piece of software to respond intelligently.

  • Game

    Some thing interesting about game, make everyone happy.

Recommend Org

  • Facebook photo Facebook

    We are working to build community through open source technology. NB: members must have two-factor auth.

  • Microsoft photo Microsoft

    Open source projects and samples from Microsoft.

  • Google photo Google

    Google ❤️ Open Source for everyone.

  • D3 photo D3

    Data-Driven Documents codes.