How Data Influences Decisions
As a beginner in data analysis, it's important to understand how numbers can tell a story and help people make decisions.
Rather than guessing or relying on opinions, organizations use data to make choices with confidence.
In this lesson, you'll walk through a practical example: A company wants to understand which product line contributes most to revenue.
What You'll Learn
In this notebook, you learned how data supports real business decisions:
- Built a dataset with NumPy and Pandas
- Visualized revenue with Matplotlib
- Interpreted results to influence strategic choices
Quiz
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What insight does the revenue visualization provide to the company?
Phones generate the highest share of revenue, while accessories contribute the least.
All products contribute equally to revenue.
Laptops should be discontinued immediately.
Accessories are more profitable than phones.
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