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Analyzing sales transactions - Excel - correlations

Posted on 2016-07-20
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Last Modified: 2016-07-25
Attached is an excel spreadsheet containing a number of sales transactions for an engineering parts distributor. These are the figures of one of the companies branches.

The data contains fields that provide detail about each sales transaction, product code, group etc.

However there are some fields that I don't understand (see below). I'm trying to find out what the entries under these fields could mean by testing for relationships between pricing, margin etc. For example it could be that "catalogue" pricing type could be different from the other pricing types and may have a link to the SPI text type. If I can figure out patterns relating to these values I will be able to analyse the data in greater detail, thus providing greater insight.

Interested to hear peoples findings and techniques for discovery.

Below are some of the fields and their values that I am trying to understand more about.

Fields

SPIText

values

Over Upper
Approval to Std
Below Approval

PricingType

Values

Catalogue
Fixed
NPF


SPIndex

random numbers

ProdSet

random numbers

Looking forward to your input

Mike
trans.xlsx
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Question by:mikes6058
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Ryan Chong earned 2000 total points
ID: 41722225
from my point of view, to first extracting the meaning from the data available by analysis, we must first understand the data itself.

you need someone or documentation that you can referring to in explaining what the data is all about. a code such as "NPF" is meaningless without knowing its definition. This is same for other columns and its values.
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