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Analyzed Colorado motor vehicle sales data using Python (Pandas, Matplotlib, Seaborn) to identify trends, seasonality, and county-level performance. Developed ARIMA/SARIMA models for accurate sales forecasting, uncovering seasonal patterns and key economic factors. Provided actionable insights to guide business strategy and policy recommendations.

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RafiQamar/Colorado-Motor-Vehicle-Sales-Data-Analysis-Project

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Colorado Motor Vehicle Sales Data Analysis Project

Overview

This project analyzes motor vehicle sales data across various counties in Colorado, segmented by year and quarter. The objective is to uncover trends, identify significant findings, and provide actionable insights for businesses, policymakers, and stakeholders. Predictive models, such as ARIMA and SARIMA, are also implemented to forecast future sales trends.

Features

  • Data Cleaning and Preparation: Ensuring consistency and accuracy in the dataset.
  • Exploratory Data Analysis (EDA): Visualization and statistical analysis of sales data.
  • Time Series Analysis: Identifying trends, seasonality, and stationarity.
  • Predictive Modeling: Forecasting future sales using ARIMA and SARIMA models.
  • Key Insights and Recommendations: Business and policy suggestions based on findings.

Dataset

The dataset used in this project, colorado_motor_vehicle_sales.csv, contains the following columns:

  • Year: The calendar year of the sales data.
  • Quarter: The quarter of the year (Q1 to Q4).
  • County: Name of the county in Colorado.
  • Sales: Total dollar amount of motor vehicle sales.

Key Findings

  1. Maximum Sales: Highest sales were recorded in Q3 of 2015 in Arapahoe County ($916.91 million).
  2. Minimum Sales: Lowest sales occurred in Q1 of 2009 in Fremont County ($6.27 million).
  3. High-Performing Counties: Arapahoe, El Paso, Jefferson, Adams, and Denver.
  4. Seasonal Trends: Q3 consistently shows peak sales, while Q1 has the lowest sales.
  5. Predictive Modeling: SARIMA model effectively forecasts future sales, capturing seasonal trends and patterns.

Technologies Used

  • Python: Core programming language
    • Pandas: Data manipulation
    • Matplotlib & Seaborn: Visualization
    • Statsmodels: Statistical analysis and modeling
    • ARIMA/SARIMA: Time series forecasting
  • Jupyter Notebook: For interactive development and analysis

Installation

  1. Clone the repository:
    git clone https://github.com/RafiQamar/colorado-vehicle-sales-analysis.git
  2. Navigate to the project directory:
    cd colorado-vehicle-sales-analysis
  3. Install dependencies:
    pip install -r requirements.txt

Usage

  1. Open the Jupyter Notebook:
    jupyter notebook Colorado\ Motor\ Vehicle\ Sales\ Data\ Analysis\ Project.ipynb
  2. Run the cells step-by-step to explore the analysis and visualizations.
  3. Modify the notebook to experiment with the data or test additional models.

File Structure

project-root/
├── data/
│   └── colorado_motor_vehicle_sales.csv  # Dataset
├── notebooks/
│   └── Colorado Motor Vehicle Sales Data Analysis Project.ipynb  # Analysis notebook
├── README.md                             # Project description
├── requirements.txt                      # Python dependencies
├── Colorado Motor Vehicle Sales Data Analysis Report.pdf                      # Analysis report
└── visuals/                              # Generated visualizations

Results

The final report summarizes key insights, statistical findings, and model forecasts. It includes actionable recommendations for optimizing sales strategies and policy interventions.

Contributions

Contributions are welcome! Please fork the repository and create a pull request with detailed information about your changes.

Contact

For any questions or feedback, feel free to reach out:


Thank you for exploring this project!

About

Analyzed Colorado motor vehicle sales data using Python (Pandas, Matplotlib, Seaborn) to identify trends, seasonality, and county-level performance. Developed ARIMA/SARIMA models for accurate sales forecasting, uncovering seasonal patterns and key economic factors. Provided actionable insights to guide business strategy and policy recommendations.

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