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Indian Statistical Institute: Mid-Semester Examination: 2017-18

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Arjun Seerams

This document provides instructions for a mid-semester examination project for a post-graduate course in business analytics. Students are given a dataset on department store records and are tasked with analyzing the data to advise RandMart on the best location for a new store. The submission should include a consultancy report of 8-10 pages describing the analysis, modeling, and location prediction along with any relevant code. The report should cover the problem statement, data description, exploratory analysis, modeling approach, model validation, predictions, and conclusions.

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Indian Statistical Institute: Mid-Semester Examination: 2017-18

Uploaded by

Arjun Seerams
59 views1 page
This document provides instructions for a mid-semester examination project for a post-graduate course in business analytics. Students are given a dataset on department store records and are tasked with analyzing the data to advise RandMart on the best location for a new store. The submission should include a consultancy report of 8-10 pages describing the analysis, modeling, and location prediction along with any relevant code. The report should cover the problem statement, data description, exploratory analysis, modeling approach, model validation, predictions, and conclusions.

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This document provides instructions for a mid-semester examination project for a post-graduate course in business analytics. Students are given a dataset on department store records and are tasked with analyzing the data to advise RandMart on the best location for a new store. The submission should include a consultancy report of 8-10 pages describing the analysis, modeling, and location prediction along with any relevant code. The report should cover the problem statement, data description, exploratory analysis, modeling approach, model validation, predictions, and conclusions.

Copyright:

© All Rights Reserved
Download as PDF, TXT or read online from Scribd
Download as pdf or txt
59 views1 page

Indian Statistical Institute: Mid-Semester Examination: 2017-18

Uploaded by

Arjun Seerams
This document provides instructions for a mid-semester examination project for a post-graduate course in business analytics. Students are given a dataset on department store records and are tasked with analyzing the data to advise RandMart on the best location for a new store. The submission should include a consultancy report of 8-10 pages describing the analysis, modeling, and location prediction along with any relevant code. The report should cover the problem statement, data description, exploratory analysis, modeling approach, model validation, predictions, and conclusions.

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INDIAN STATISTICAL INSTITUTE

Mid-Semester Examination : 2017–18


Course : Post Graduate Diploma in Business Analytics (First Year)
Subject : Computing for Data Sciences : BAISI–4 for PGDBA–I

Date : 20 September 2017 Maximum Marks : 40 + 10 (bonus) Duration : 4 Hours

This is an open-resources examination. You may use any online or offline academic material as refer-
ence during the test, and you are free to borrow codes from any non-interactive source on the Internet.
However, posting any query on discussion forums, emails, blogs, and interactive online portals during
the test will be considered unethical, and will draw penalty. You must refer to each and every online or
offline source you use during the test at the end of your report. There is no need to explicitly cite the R
(or Python) packages and libraries you use during the test, as they will anyway be a part of your code(s).
Within-group discussion is permitted, but between-group discussion during the test will draw penalty.

Consultancy Project for RandMartTM

Data : You are given a dataset — randData.csv — associated with this problem, along with
an auxiliary description file — randVars.csv. The dataset randData.csv contains the records
of 2823 departmental stores of a specific chain of stores — RandMartTM — in the USA, and the
variables/features of this dataset are explained in the auxiliary description file randVars.csv.

Objective : RandMartTM wants to open up a new store in the USA, and they have hired your
group as expert consultants to help them choose the best location for the new store. Analyze
the given dataset randData.csv given by RandMartTM , and advise them to the best of your
expertise, the most desirable location(s) for the company to open up its new store in the USA.

Submission : Submit a consultancy report targeted at RandMartTM , describing your approach


and methodology for the analysis of the dataset, modelling of the problem, and prediction of
the desired location(s). Along with the report, you should submit all relevant code(s) as well,
so that the results you obtained from the dataset randData.csv are reproducible and verifiable.
Your report should not be more than 8–10 pages in length, and should touch upon the following
points — problem statement, objective, description of data, exploratory data analysis, problem
formulation (if required), choice of model, modelling the problem, comparison between models
(if required), model tuning and validation, final model to fit on the dataset, prediction using
the final model, intuitive justification for the prediction, your final suggestion(s) for the desired
location(s) for the new store of RandMartTM , remarks about the data, conclusion, and references.

Submit ‘groupXX_report.pdf’ and ‘groupXX_codes.zip’ via email to [email protected].


Subject line of the email should be – “CDS 2017 : Mid-Sem Examination : Solution by Group XX”.

Best of luck! ,

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