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Top 5 Products by Sales in Adidas US

What are the top 5 products by sales?

The top 5 products by sales are:
  1. Men's Street Footwear - $208,826,244.00
  2. Women's Apparel - $179,038,860.00
  3. Men's Athletic Footwear - $153,673,680.00
  4. Women's Street Footwear - $128,002,813.00
  5. Men's Apparel - $123,728,632.00

Visualize this for me

A bar chart has been created to visualize the top 5 products by sales using Plotly. The chart displays product names on the x-axis and total sales in USD on the y-axis, with distinct colors for each product. The visualization aims to provide a clear comparison of sales figures among the top-performing products.

Perform ANOVA on the sales and operating profit by region

ANOVA Results Summary

  • Total Sales by Region:
    • F-value: 52.691498
    • p-value: 5.537482e-44
  • Operating Profit by Region:
    • F-value: 38.250387
    • p-value: 8.308329e-32
Both analyses have very low p-values, indicating significant differences in Total Sales and Operating Profit across regions.

Can you explain this further?

Detailed ANOVA Results Explanation

ANOVA (Analysis of Variance) is a statistical method used to compare means of three or more samples to understand if at least one sample mean is significantly different from the others. Here, we performed ANOVA to compare Total Sales and Operating Profit across different regions.

Total Sales by Region

  • F-value: 52.691498
    • The F-value indicates the ratio of variance between the groups (regions) to the variance within the groups. A higher F-value suggests a greater disparity between group means.
  • p-value: 5.537482e-44
    • The p-value indicates the probability of observing the data if the null hypothesis (no difference in means) is true. A very low p-value (less than 0.05) suggests that we reject the null hypothesis, meaning there are significant differences in Total Sales across regions.

Operating Profit by Region

  • F-value: 38.250387
    • Similar to the Total Sales F-value, this indicates the variance ratio for Operating Profit across regions.
  • p-value: 8.308329e-32
    • Again, a very low p-value indicates significant differences in Operating Profit across regions.

Conclusion

The ANOVA results show significant differences in both Total Sales and Operating Profit across different regions, suggesting that regional factors might be influencing sales and profitability.

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