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Assignment – Retail Case – BIGMART

Question – 1
a. The sample is for the data is 8000.
b. No. of variables are 15
c. Nominal Variables: Outlet Type, Outlet Location Type,
Outlet Identifier, Item Type, Code
Ordinal Variables: Outlet Size, Item Fat Content
Interval Variables: Year, Gender
Ratio Variables: Item Outlet Sales, Item Visibility, Item
Weight, Item MRP, Age
d. Quantitative Variables: Item Outlet Sales, Item Visibility,
Item Weight, Item MRP, Age, Year, Gender
Qualitative Variables: Item Fat Content, Item Type,
Outlet Size,
e. It is cross section data.
f. Item Outlet Sales- MEAN- 2170.014226
MEDIAN- 1777.686
MODE- 958.752
The best measure for this variable is MEDIAN
Item Visibility- MEAN- 0.070877867
MEDIAN- 0.058132006
MODE- 0.058542509
The best measure for this variable is MEAN
Item Weight- MEAN- 12.86293625
MEDIAN- 12.6
MODE- 12.15
The best measure for this variable is MEDIAN
Item MRP- MEAN- 140.371766
MEDIAN- 142.2996
MODE- 172.0422
The best measure for this variable is MEAN
Age- MEAN- 15.15525
MEDIAN- 14
MODE- 28
The best measure for this variable is MEDIAN
Year- MEAN- 1997.84475
MEDIAN- 1999
MODE- 1985
The best measure for this variable is MEDIAN
Gender- MEAN- 1.5
MEDIAN- 1.5
MODE- 1
The best measure for this variable is MODE
g. Measures of Dispersion
Variables Maximum Minimum IQD Variance Standard
Deviation
Item outlet 13086.964 33.29 2258.3936 2906181.776 1704.75270
sales 8 2

Item 0.3283909 0.0035746 0.067279015 0.002518509 0.0501847


visibility 48 98
Item 21.35 4.555 8.08 21.62519851 4.6502901
Weight
Item MRP 266.8884 31.29 92.14425 3879.888429 62.288750
Age 28 4 17 70.03164744 8.3684913
Year 2009 1985 17 70.03164744 8.3684913
Gender 2 1 1 0.25 0.5
h.

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