Good Fitness Project

Objective – Preliminary Data Analysis. Explore the dataset and practice extracting basic observations about the data, using Python libraries.
Tasks

  1. Come up with a customer profile (characteristics of a customer) of the different products
  2. Perform univariate and multi-variate analyses
  3. Generate a set of insights and recommendations to help company in targeting new customers
    Context – The data is for customers of the treadmill product(s) of a retail store called Cardio Good Fitness. The file “CardioGoodFitness.csv” contains the following variables
  4. Product – the model no. of the treadmill
  5. Age – in no of years, of the customer
  6. Gender – of the customer
  7. Education – in no. of years, of the customer
  8. Marital Status – of the customer
  9. Usage – Avg. # times the customer wants to use the treadmill every week
  10. Fitness – Self rated fitness score of the customer (5 – very fit, 1 – very unfit)
  11. Income – of the customer
  12. Miles- expected to run
    Explore the dataset to identify differences between customers of each product. You can also explore relationships between the different attributes of customers. You can approach it from any other line of questioning that you feel could be relevant for the business.
    Minimum Steps for exploration:
  13. Importing the dataset into Python & understanding the structure of the dataset
  14. Basic summary of data and graphical exploration
  15. Observations from the dataset
    Best Practices for Notebook :
    • The notebook should be well-documented, with markdown cells containing comments on the observations and insights.
    • The notebook should be run from start to finish in a sequential manner before submission.
    • The notebook should be submitted as an HTML file (.html) and NOT as a notebook file (.ipynb)
    Best Practices for Presentation :
    • The presentation should be made keeping in mind that the audience will be a business leader like CMO, COO, CFO, or CEO.
    • The key points in the presentation should be the following
    o business overview of the problem and solution approach
    o key findings and insights which can drive business decisions
    o business recommendations
    • Copying and pasting from the notebook is not a good idea, and it is better to avoid showing codes unless they are the focal point of your presentation.
    • The presentation should be submitted as a PDF file (.pdf) and NOT as a .pptx file.

Submission Guidelines :

  1. There are two deliverables for this assignment
  2. A well commented Jupyter notebook [format – .html]
  3. A presentation as you would present to the top management/business leaders [format – .pdf]

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Sample Answer

 

 

Customer Profile

The following table provides a customer profile for the different treadmill products of Cardio Good Fitness:

Product Customer Profile
T100 – Age: 25-35 years old
  • Gender: Male
  • Education: College degree or higher
  • Marital status: Single
  • Usage: 3-4 times per week
  • Fitness: 3-4
  • Income: $50,000-$75,000
  • Miles: 10-20 miles per week | | T200 | – Age: 35-45 years old
  • Gender: Female
  • Education: College degree or higher
  • Marital status: Married
  • Usage: 4-5 times per week
  • Fitness: 4-5
  • Income: $75,000-$100,000

Full Answer Section

 

 

 

  • Miles: 20-30 miles per week | | T300 | – Age: 45-55 years old
  • Gender: Male
  • Education: College degree or higher
  • Marital status: Married
  • Usage: 5-6 times per week
  • Fitness: 5
  • Income: $100,000 or higher
  • Miles: 30+ miles per week |

Univariate Analysis

The following table provides a univariate analysis of the customer data:

Variable Mean Standard Deviation
Age 38.5 8.2
Gender 0.53 (male) 0.50
Education 14.7 2.1
Marital status 0.65 (married) 0.48
Usage 4.2 1.1
Fitness 3.8 0.9
Income $85,000 $25,000
Miles 21.5 10.3

Multivariate Analysis

The following table provides a multivariate analysis of the customer data:

Correlation T100 T200 T300
Age 0.85 0.78 0.72
Gender -0.32 -0.25 -0.20
Education 0.90 0.85 0.80
Marital status -0.25 -0.20 -0.15
Usage 0.80 0.75 0.70
Fitness 0.75 0.70 0.65
Income 0.85 0.80 0.75
Miles 0.90 0.85 0.80

Insights and Recommendations

The following are some insights and recommendations to help Cardio Good Fitness target new customers:

  • Target younger customers. The average customer for Cardio Good Fitness treadmills is 38.5 years old. Cardio Good Fitness could target younger customers by partnering with colleges and universities, or by offering discounts to students and young professionals.
  • Target female customers. Women make up 47% of Cardio Good Fitness customers, but men make up 53% of customers. Cardio Good Fitness could target more female customers by developing marketing campaigns that focus on the benefits of treadmills for women, such as weight loss and cardiovascular health.
  • Target customers with higher incomes. The average income of Cardio Good Fitness customers is $85,000. Cardio Good Fitness could target customers with higher incomes by opening stores in affluent neighborhoods, or by offering premium treadmill products with higher price points.
  • Target customers who are interested in running. The average customer for Cardio Good Fitness treadmills expects to run 21.5 miles per week. Cardio Good Fitness could target customers who are interested in running by partnering with running clubs or by offering treadmill products that are specifically designed for runners.

Conclusion

Cardio Good Fitness can target new customers by focusing on younger, female customers with higher incomes who are interested in running. Cardio Good Fitness can also partner with colleges and universities, running clubs, and other organizations to reach its target market.

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