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The document outlines a practical file for a Business Analytics lab at Guru Gobind Singh Indraprastha University for the session 2023-2024. It includes various activities such as data collection, business decision models, lookup functions, data validation, outlier identification, and regression analysis, aimed at enhancing business decision-making skills. Each activity involves specific tasks related to data analysis and modeling, particularly focusing on the FMCG sector and Amazon's transportation efficiency.

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0% found this document useful (0 votes)
4 views21 pages

Ba Ba File

The document outlines a practical file for a Business Analytics lab at Guru Gobind Singh Indraprastha University for the session 2023-2024. It includes various activities such as data collection, business decision models, lookup functions, data validation, outlier identification, and regression analysis, aimed at enhancing business decision-making skills. Each activity involves specific tasks related to data analysis and modeling, particularly focusing on the FMCG sector and Amazon's transportation efficiency.

Uploaded by

psmuskanaggarwal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

GURU GOBIND SINGH INDRAPRASTHA UNIVERSITY

UNIVERSITY SCHOOL OF MANAGEMENT STUDIES

SESSION: 2023-2024
BATCH: 2023-2025

BUSINESS ANALYTICS – LAB


MFA-120

PRACTICAL FILE
MBA(FA)-II Sem

SUBMITTED BY: SUBMITTED TO:

NAME-MUSKAN DR. PRAVEEN KUMAR

ENROLLMENT NO.- 04116659423 ASSISTANT PROFESSOR


ACTIVITY 1
4 Types of Data – Nominal, Ordinal, Discrete and Continuous
QUESTION: As a Business Analyst of a FMCG company, you are being asked
to collect the data from shoppers of Delhi NCR region. This data will be used
for new product promotions and also to align the product in competitive pricing
scenarios.
1. Identify the questions, data types and their relevance.

2. Design a simple questionnaire in word document.


3. Create a XLS file with dummy data as probable outcome.

ANALYSIS
ACTIVITY 2
BUSINESS DECISION MODELS

GFA-9 NETWORK AND OPTIMIZATION MODELS


QUESTION: LINEAR PROGRAMMING AƩEMPTS TO EITHER MAXIMIZE OR
MINIMIZE THE VALUES OF AN OBJECƟVE FUNCƟON. A SOLVER PROGRAM CAN
BE USED FOR BOTH EQUAƟON-SOLVING OR GOAL-SEEKING AND CONSTRAINED
OPƟMIZAƟON, USING LINEAR PROGRAMMING, NONLINEAR PROGRAMMING,
AND INTEGER PROGRAMMING METHODS
ANALYSIS
This scenario involves a combination of data analysis and mathematical modelling to enhance
Amazon's transportation efficiency. Analysing Amazon's transportation model involves
evaluating various aspects, such as delivery efficiency, cost optimization, and customer
satisfaction.
Key metrics for analysis may include:
1. Delivery Time: Evaluate the time taken for packages to reach customers and identify
patterns or bottlenecks that may affect delivery speed.
2. Route Optimization: Analyze historical data to optimize delivery routes, minimizing travel
time and fuel costs while ensuring timely deliveries.
3. Cost Efficiency: Assess transportation costs by analysing fuel consumption, vehicle
maintenance, and other expenses, aiming to identify areas for cost reduction.
4. Customer Satisfaction: Utilize customer feedback data to understand the impact of
transportation on overall satisfaction. Identify areas for improvement based on reviews and
ratings.
5. Inventory Management: Integrate data on inventory levels with transportation data to
optimize supply chain efficiency and reduce stock outs or excess inventory.
Proposed Solution FOR DUMMY DATA AS TRANSPORTATION COST BY AMAZON
BACKGROUN[Link]
Last-Mile Delivery Efficiency: Last-mile delivery, the final leg of the delivery process to the
customer's doorstep, is a critical challenge for Amazon. They need to optimize routes, delivery
schedules, and logistics operations to ensure faster and more efficient last-mile delivery. With
a vast product range and a global customer base, Amazon faces the challenge of optimizing
its fulfilment network to ensure timely delivery while minimizing costs. They need to
determine the optimal location of warehouses and distribution centres to serve customers
efficiently.
–––
ACTIVITY 3
LOOKUP FUNCTIONS AND DATA VALIDATION
PERFORM THE FOLLOWING:
- EXCEL LOOKUP FUNCTIONS

- VERTICAL LOOKUP IN COLUMNS


- HORIZONTAL LOOKUP IN ROWS

- XLOOK UP (LOOKUP WITH MULTIPLE CRITERIA)


ACTIVITY 4
DATA VALIDATION AND WHAT IF ANALYSIS
QUESTION: Perform the following:
Q1. The function XLOOKUP
XLOOKUP (what want to look, lookup list, result list)
1. All the Customers from India
2. Amount list of items procured
OR

Q2. Missing data details in Customer_ID, CustomerTier, Storeid


Q3. Total_spend less then 100, also identify the “0” list

Q4. Signed_up_app_date frequency table.


Q5 Perform the What-if Analysis task as per the XLS as attached
- SCENARIO MANAGER
- GOAL SEEK

- DATA TABLE
ACTIVITY 5
IDENTIFICATION OF OUTLIERS THROUGH NORMAL DISTRIBUTION
AND BOX PLOTS
Question: Perform the following:
Q1. Identify the data trends using Mean, Standard Deviation and Variance with OPEN, Close
and No of trades.

Mean

Standard
deviation

variance
Q2. Use the data of close price to identify the outliers using
1. Sorting method
2. Visualisation method

3. Z-score
4. IQR
ACTIVITY 6
MAHALANOBIS’ DISTANCE SPREADSHEET MODELLING FOR
BUSINESS DECISIONS
Q1. Identify the data trends using Mean, Standard Deviation and Variance.
Q2 Calculate the Mahalanobis’ distance for the following:
1. Data of (Height, Age, Marks obtained)

2. Data of (Share price, Inflation, CurrencyValue)


3. Data of (Team, no_of_wins, Price_money

outliers using mahalanobis.


ACTIVITY 7
Outlier Detection Methodologies

RESULTS OF DUMMY SITUATION

NK
ACTIVITY 8
REGRESSION ANALYSIS SPREADSHEET MODELLING FOR
BUSINESS DECISIONS

RESULTS OF DUMMY SITUATION

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