Data Analysis
One important thing to keep in mind while analyzing data is you need to understand what it is capable of telling you. Noting down some questions you think your data can answer helps you determine a path for your analysis.
Take a look at the retail
DataFrame that we updated in Exercise 8.02, Preparing Our Data; it has 15 features. These features define who bought how much of what in which country at what time on what day in which month in which year. We can use combinations of these features to provide us with a lot of insights that would answer the following questions:
- Which customers placed the most and fewest orders?
- Which customers spent the most and least money?
- Which months were the most and least popular for this online retail store?
- Which dates of the month were the most and least popular for this online retail store?
- Which days were the most and least popular for this online retail store?
- Which hours of the day were most and least...