Maybe it's just seasonality?
Sales are down at a trendy fast-casual hot dog restaurant, and the client needs to know: is it seasonality?
Based on Experience
Vetted industry professionals, that have experience working with these companies and others, consulted in an advisory capacity to ensure the content of this course was realistic.
This is a work of fiction. Unless otherwise indicated, all the names, characters, businesses, places, events and incidents in this course are either the product of the author's imagination or used in a fictitious manner. Any resemblance to actual persons, living or dead, or actual events is purely coincidental.
How do you answer the question "Maybe it's just seasonality?" – learn how Dummy Variables can help you find the answer!
Did an event impact your sales? Adding dummy variables (1 or 0) is key to understanding the impact of offers, holidays and other key periods. Read More
|1. Heading south for the winter||A rapidly growing fast-casual hot dog restaurant chain in NYC... has stopped rapidly growing. They want to know if it's seasonality or a general slowdown in business - are you up for the task?||5|
|2. Making useful dummies||When your client hands you a list of dates, how do you get it in the right format? This is an essential data cleaning task, that can take a long time the first time you do it.||9|
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