The retail sector is an integral part of the U.S. economy that continues to grow. It was reported that sales revenueachieved $7.2 trillion in 2024. This study will use a two-year retail sales dataset including 200,000 transactions across different regionsof the United States in order to analyze sales performance and identify the key factors influencing retail revenue. Identification of factorsinfluencing revenue in retail is important. Because it helps to make proper decision-making. To satisfy research objectives, exploratorydata analysis (EDA) was applied to understand the structure of data, define relationship patterns, and do data preprocessing to work withcleaned data. Also, hypothesis testing was made to analyze important variations and relationships among selected variables. Moreover,simple and multiple regressions were applied alongside ordinary least squares (OLS) to see the impact results of some variables onthe revenue. The regression results show that Unit Price, Quantity and category of products have an impact on the retail revenue. Theresults also show that usage of multiple predictors suggests greater explanatory power and increased accuracy of prediction comparedto models that rely on single predictors. The multiple regression model was chosen as the main approach for predictive analysis andrevenue forecasting.
| Mualliflar | Markova , Mariya, Pooja |
|---|---|
| Jurnal | Innovation science and technologiy |
| Nashr sanasi | 2026-06-01 |
| Jild | 2 |
| Son | 6 |
| Til | Ingliz |
| DOI | 10.5281/zenodo.20971562 |
DOI: 10.5281/zenodo.20971562 · Maqolaning asl sahifasi
retail, hypothesis, forecasting, data-processing, regression.
Cross-country competitiveness comparison is usually conducted one indicator at a time, obscuring the multivariateprofiles that distinguish groups of destinations. This study applies principal component analysis and…
The article examined the relative advantages of local natural and economic potential and the opportunities for theireffective use under climate change from theoretical and practical perspectives. The researcher, drawing…
The article examines priority directions for organizing management accounting and internal control systemsin fishery clusters. The research is based on the 2019–2024 practice of fishery clusters within the…
The study examines the scientific, theoretical, and practical foundations of modern methods for assessingeconomic efficiency in the context of digital transformation. The impact of digital technologies on economic…
This article investigates the substantiation of the parameters of the working bodies of a combinedmachine designed to simultaneously perform ridge formation, placement of drip irrigation pipes, and plastic filmlaying in…
This study examines the impact of tourism on UNESCO World Heritage Sites, focusing on the HistoricCentre of Samarkand – Crossroads of Cultures. Tourism has become a major contributor to local economic…
This article examines the main aspects of marketing education, its social and psychological characteristics thatdetermine its behavior in the market, consumer, analysis of supply and demand, search for ways to balance…
This article examines William Shakespeare’s creative methodology, challenging traditional conceptions ofhis work as purely original composition. The study demonstrates that Shakespeare’s plays emerged through a…
This article presents the results of a long-term macroeconomic forecast for the development of the privatehigher education sector in the Kashkadarya region for the period 2027–2030. Based on retrospective quarterly…
Yellow tourism - provisionally defined here as tourism oriented toward affective brightness, festivity, and the deliberatecultivation of hedonic experience - occupies an under-theorised position within the broader…