Tools Used: 
  • R(time-series analysis, forecasting models), Excel (PivotTables, Summary Statistics), Data Visualization

Objective: 
  • Developed a time-series forecasting model to predict Lowe's revenue trends over two years, identifying seasonal fluctuations and key business cycles.
  • Analyzed quarterly revenue trends from 2010 to 2020.

Data & Methodology: 
  • Utilized Lowe's historical revenue dataset (2010-2020) to build a linear trend model for forecasting future sales.
  • Applied statistical summary calculations in Excel to evaluate revenue minimums, maximums, averages, and standard deviations by year. 
  • Used R to develop a forecasting model, generating predicted revenue estimates for 2021 & 2022. 

Key Visualizations & Insights
  • Time Series Revenue Forecast (R)-identified revenue.
  • Predicted the highest revenue quarter.
  • Forecasted Q4 as the lowest revenue quarter.

Lowe's Revenue Forecasting & Seasonal Trend Analysis