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Assignment 1 Ba

The document outlines an assignment for a Business Analytics course, consisting of four problems each worth 10 marks. The problems involve analyzing cart abandonment for an online retailer, reducing patient wait times in a hospital, detecting fraudulent transactions in a bank, and cleaning data for a supermarket chain. Each problem includes specific tasks to perform, such as data analysis, modeling, and proposing solutions.

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2 views2 pages

Assignment 1 Ba

The document outlines an assignment for a Business Analytics course, consisting of four problems each worth 10 marks. The problems involve analyzing cart abandonment for an online retailer, reducing patient wait times in a hospital, detecting fraudulent transactions in a bank, and cleaning data for a supermarket chain. Each problem includes specific tasks to perform, such as data analysis, modeling, and proposing solutions.

Uploaded by

akshiva005
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
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BUSINESS ANALYTICS

Assignment 1 (40 Marks, 10 marks each)


Due Date: 31.03.2025
Problem 1:
An online retailer is facing a high rate of cart abandonment and inconsistent delivery
times. They want to understand user behavior and optimize logistics.
Tasks to Perform:
• Analyze cart abandonment trends using descriptive analytics
• Use clustering to segment customers
• Build a predictive model for delivery time delays
• Propose prescriptive solutions to reduce abandonment

Problem 2:
A hospital wants to reduce patient wait times and optimize doctor scheduling using
historical data.
Tasks to Perform:
• Define the business problem clearly
• Identify and prepare hospital visit datasets
• Generate hypotheses (e.g., peak time wait increases)
• Build a model to predict wait times
• Suggest solutions based on insights
Problem 3:
A bank is experiencing an increase in fraudulent credit card transactions and wants
to build a proactive solution.
Tasks to Perform:
• Use descriptive analytics to show fraud trends
• Use diagnostic analytics to identify root causes
• Build a predictive model to detect potential fraud
• Suggest prescriptive actions like real-time alerts
Problem 4:
A supermarket chain has scattered data across loyalty programs, POS, and online
orders, making analysis unreliable.
Tasks to Perform:
• Collect sample sales data
• Perform data cleaning (remove duplicates, fill missing values)
• Normalize and transform data for modeling
• Create a cleaned dataset ready for analysis

NOTE:
Create a sample database (for each problem separately) and use necessary
formula for performing the tasks.

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