Profit Analysis


Leveraging R, forcasting methods and other statistical tools can be used to allow better market decisions. Being in the market where only a handful of specialty stores exist, this may offer some advantage over the competition.


Using bank records, invoices, and sales data to create a mathematical model of the store. Once Data entry was completed, R was used to create statistical models and test those models. From these models, charts and infographics were created to explain the riggorous statistics.


The following charts represent analysis of previous sales for 2017 and 2021. Since these are the only years available, forecasts could only be made for a few months of 2022.