FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An e-commerce platform wants to analyze sales data from various vendors. The data includes product prices, vendor locations, and order quantities. How would you normalize

An e-commerce platform wants to analyze sales data from various vendors. The data includes product prices, vendor locations, and order quantities. How would you normalize this data to ensure consistent analysis across vendors? Explain.

Step by Step Solution

★★★★★

3.43 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

To normalize sales data from various vendors for consistent analysis you can follow these steps 1 Identify Key Metrics Determine which metrics are ess... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing A Practical Approach with Data Analytics

Auditing A Practical Approach with Data Analytics

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

1st edition

1119401747, 978-1119401742

More Books

Students also viewed these Databases questions

Question

★★★★★
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 1 week ago

Question

★★★★★
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...

Answered: 1 week ago

Question

★★★★★
Subject : Strategic Management in a Global Environment Safaricom: Innovative Telecom Solutions to Empower Kenyans As the largest mobile provider in Kenya, Safaricom has touched the lives of Kenyans...

Answered: 1 week ago

Question

★★★★★
Calculate the new profit sharing ratio after the admission of Fischer. Assignment Ubisoft Entertainment is a partnership of exclusive game distributors who specialize in electronic arts and play...

Answered: 1 week ago

Question

★★★★★
Brockman Company closes its books on October 31. On September 30, the Notes Receivable account balance is $18,800. Notes Receivable include the following. Interest is computed using a 360-day year....

Answered: 1 week ago

Question

★★★★★
3. You are a marketing consultant, and your new client is the owner of a small chain of ice cream stores. The client has sold his ice cream at the same price since opening the stores seven years ago....

Answered: 1 week ago

Question

★★★★★
=+b) What are the null and alternative hypotheses?

Answered: 1 week ago

Question

★★★★★
The city of Segovia is contemplating building a second airport to relieve congestion at the main airport and is considering two potential sites X and Y. Hard Rock Hotels would like to purchase land...

Answered: 1 week ago

Question

★★★★★
SECTION A IS COMPULSORY SECTION A - CASE STUDY (COMPULSORY) RED BULL Theres no question: Coca-Cola and PepsiCo dominate the global beverage industry. So how does a small company breaking into the...

Answered: 1 week ago

Question

★★★★★
For this assignment, you are to "role play" The scenario is as follows. Each student in the group is an "agent" representing either a Buyer, or a Seller of a residential real property. The agent...

Answered: 1 week ago

Question

★★★★★
A supermarket sells two brands of granola: brand A at Sp per pound and brand B at Sq per pound. The daily demands x and y (in pounds) for brands A and B, respectively are given by the following...

Answered: 1 week ago

Question

★★★★★
In both of the functions for this exercise, you used the double-accumulator pattern to produce the result. In one case it was to produce a list of numbers, and in another case it was to produce a...

Answered: 1 week ago

Question

★★★★★
Nakul works at a bank and has been tasked with reducing the number of invalid checks accepted by bank tellers (e.g., checks without a signature or a date). Nakul researches the problem, generates...

Answered: 1 week ago

Question

★★★★★
In developing customer loyalty, businesses can reap success. Discuss FOUR (4) ways in which customer loyalty can be developed. Explain how an understanding of the following by the company can improve...

Answered: 1 week ago

Question

★★★★★
PROBLEMS IN DESIGN Human Factors has been called "the discovery and application of principles concerning human behavior and characteristics to the design, evaluation, operation, and maintenance of...

Answered: 1 week ago

Question

★★★★★
An accident study shows that a month may be considered as high, medium, or low accidents month with probabilities 0.2,0.3 and 0.6 respectively. The number of accidents follow Poisson distributions...

Answered: 1 week ago

Question

★★★★★
You should choose the Waterfall SDLC when: a There are limited project funds. b Working on Legacy Systems. c The business stakeholders are only available for project milestones. d When the software...

Answered: 1 week ago

Question

★★★★★
Refrigerant-134a enters an adiabatic compressor as saturated vapor at 120 kPa at a rate of 0.3 m3/min and exits at 1-MPa pressure. If the isentropic efficiency of the compressor is 80 percent,...

Answered: 1 week ago

Question

★★★★★
The control environment: a. Sets the tone of an entity with respect to internal control and influences the control consciousness of its people. b. Is focused on how the entity addresses information...

Answered: 1 week ago

Question

★★★★★
Star Software is a client of Jones & Parker, LLP. Star has experienced increased competition in its industry that has resulted in decreased profits over the last three years. In an effort to stay...

Answered: 1 week ago

Question

★★★★★
Identify four risks associated with IT systems in accounting. For each of the four risks, identify whether they are mitigated by IT general controls or IT application controls. Identify a specific...

Answered: 1 week ago

Question

★★★★★
=+a randomly selected cork will conform to specification?

Answered: 1 week ago

Question

★★★★★
=+b. Using the normal distribution, what is the probability that a single control chart point falls above the UCL in a 3.09-sigma control chart?

Answered: 1 week ago

Question

★★★★★
=+11. U.S. companies commonly use 3-sigma limits to establish control limits. Some other countries (e.g., Great Britain) use control limits that are 3.09 sigmas from the charts centerline.

Answered: 1 week ago

Previous Question Next Question