DATA ANALYSIS for a CAR RETAILER IN THE UK

i. Data visualization

ii. collecting the data

iii. UNDERSTANDING WHAT WE WILL ANALYZE

NOTE

IN THIS SEGMENT WE WILL MAINLY FOCUS ON ANALYZING IF IT'S MORE EXPENSIVE TO BUY A CAR IN ENGLAND VS WALES, SCOTLAND, AND NORTHERN IRELAND AND DETERMINE IF THAT REGION IS CHEAPER OR MORE EXPENSIVE.

PARTS THAT WON'T BE DISCUSSED HERE ARE:

  • MARKET TRENDS

  • MILEAGE ANALYSIS/BRAND/REGION

  • GEOGRAPHIC MODELING

  • SEGMENT ANALYSIS

  • FEATURE IMPORTANCE

  • TIME SERIES

  • OTHER PARAMETERS

we meticulously clean and prepare our dataset to address the question: Is purchasing a car in England pricier than in Northern Ireland, Wales, or Scotland?

We refine the data, ensuring accuracy and consistency, and laying a solid foundation for our subsequent hypothesis testing.

Further cleaning the data

HYPOTHESIS TESTING

In our 'Hypothesis Testing' segment, we explore whether it's more cost-effective to purchase a car in London compared to Northern Ireland, Wales, or Scotland.

Through rigorous statistical analysis, including t-tests, we examine the differences in car prices between these regions to provide insightful conclusions for car buyers.

We can't continue with explaining the analysis as per the request of the client.