BrianBassey37/Lp3

Live Project 3 — regression modelling (Azubi Africa Career Accelerator) ### BUSINESS UNDERSTANDING **PROJECT TITLE**: Forecasting Store Sales for Improved Decision-Making Using Machine Learning for Time Series Data #### PROJECT OVERVIEW Accurate sales forecasting is critical for businesses across industries, offering tangible benefits like optimized inventory management, efficient resource allocation (e.g., human resources, production capacity, marketing budgets), optimized production schedules, and effective marketing strategies. The project aims to build a model that accurately predicts unit sales for various items sold at different Favorita stores. Favorita is a major grocery retailer based in Ecuador.