1. Walmart Company background: Provide a summary of the business or industry, with particular emphasis on background that is relevant to the business problem.

Description of the Walmart Problem to be addressed: Be specific about the exact business problem (or 'research question') to be addressed. For example, a bank may want to predict the risk of defaulting on a loan for a potential client

Description of the type of model to be used: What type of statistical model would be used to model the business problem? Description of the Data that would be used: What data would be required to conduct the study, and where might the data come from?Description of how the results would be analyzed an interpreted in order to address the Business Problem: How would the model results and estimates be used to help make a business decision?