Assessing Product Size Importance

Requirements Clarification & Assessment

1. Understanding the Variables:

   • Product Size: Clarify whether the product size is a continuous variable (e.g., measurements in inches or centimeters) or a categorical variable (e.g., small, medium, large).
   • Propensity to Purchase: Determine if this is measured as a continuous probability score or as a categorical outcome (e.g., purchased/not purchased).

2. Data Availability:

   • Ensure access to historical sales data that includes product sizes and purchase outcomes.
   • Confirm the presence of other relevant features that may influence purchasing decisions.

3. Objective:

   • Assess whether product size significantly influences the likelihood of purchase.

4. Assumptions:

   • Assume product size can be treated as a feature that potentially affects purchase propensity.
   • Assume data is clean and ready for analysis, or allocate time for preprocessing.

5. Constraints:

   • Time constraints for analysis and model building.
   • Computational resources available for running models and tests.