Step 1: Explain the Importance of Data Analysis
1-What is the importance of data analysis? How can it help you understand whether the new product had a successful launch?
What are you reporting on and what are you analyzing?
Why is it important to analyze this information? Your response should be between 100–200 words.
2-Describe Your Findings
2-Describe the results of your analysis. What does the data tell you about the success of the product throughout the year? Was the company able to meet its profit goal?
What data did you use to determine whether the product is meeting expectations? Your response should be between 200–300 words.
Step 3: Summarize the Results of Your Analysis
You’ve introduced your post by explaining the importance of data analysis, and you’ve told the story of your product’s launch.
Now it’s time to summarize your most important findings with data visualizations to help employees and fellow company leaders understand your insights about the product launch data.
Consider creating data visualizations that illustrate the following information:
⦁ How have the costs of goods sold (COGS) changed over the course of the year?
⦁ How has the profit percentage changed over the course of the year?