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BA Group-6 Mid-term report

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Ashish Kandulna
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6 views3 pages

BA Group-6 Mid-term report

Uploaded by

Ashish Kandulna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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"AgriMetrics: Insights from Area Harvested, Yield, and Production"

Business Analytics- Mid Term Report


Submitted By: Group-6

 Akanksha Raj - MBA24024


 Ashish Kandulna - MBA24054
 Jayant Kumar Goyal - MBA24108
 Manisha Kumari - MBA24146
 Nancy Sahu - MBA24161
 Prateek Kumar Gaur - MBA24195
 Tirtha Amit Kale - MBA24286

Problem Statement

The project aims to enhance the efficiency, sustainability, and profitability of agricultural
operations by addressing the following key questions:

1. How does area harvested relate to yield and production across regions?
2. What factors contribute to varying levels of yield across regions and crops?
3. What insights can be derived about overall production quantity to guide better crop
planning?

These aspects aim to identify actionable opportunities for improving agricultural productivity,
environmental sustainability, and economic outcomes.

Hypothesis

1. Increasing the area harvested correlates with higher production but not necessarily with
higher yield efficiency.
2. Crop diversification positively impacts yield and profitability.
3. Yield is significantly influenced by regional conditions, farming practices, and
sustainability metrics.
4. Production quantity varies significantly across regions and crops due to differences in
land management.

Dataset Details

The dataset used for this analysis is sourced from the FAO (Food and Agriculture
Organization) platform (https://www.fao.org/faostat/en/#data/QCL). It contains real-world,
validated data on agricultural metrics, offering a global perspective.

Key details include:

1. Countries Represented:
oIndia, Japan, China, Brazil, France, USA, Germany.
oThese countries represent a diverse range of agricultural practices, climates, and
crop production capacities, making the dataset suitable for comprehensive
analysis.
2. Crops Covered:
o Wheat, Rice, Potatoes, Apples, Millets, Maize (Corn), Coffee (Green).
o These crops are globally significant, encompassing staples, fruits, grains, and
commercial crops, allowing for diverse insights into yield and production trends.
3. Timeframe:
o Data spans from 2000 to 2022, providing over two decades of insights into
agricultural trends and changes.
o This long-term data allows for robust trend analysis and predictions.
4. Metrics Tracked:
o Area Harvested: Total land area used for cultivation.
o Yield: Crop output per unit of land (e.g., tons per hectare).
o Production Quantity: Total volume of agricultural produce.

The dataset's richness in both spatial (countries) and temporal (years) coverage ensures
comprehensive and reliable analysis of global agricultural patterns.

Variables and Justifications

1. Area Harvested:
o Reflects land utilization and is critical for evaluating land-use efficiency.
o Justification: Studies show that efficient land use improves productivity while
preserving sustainability.
2. Yield:
o Indicates efficiency in crop production, key to assessing agricultural productivity.
o Justification: Widely used in agriculture research to evaluate farming practices.
3. Production Quantity:
o Represents the total output and helps assess regional or crop-specific productivity
trends.
o Justification: Essential for economic analysis, highlighting opportunities for
scaling operations.

Proposed Coherence

The three variables—area harvested, yield, and production quantity—are inherently


interlinked:

 Area harvested directly influences production but indirectly affects yield.


 Yield, a measure of efficiency, depends on how well the area harvested is managed.
 Production quantity ties together yield and area harvested, providing insights into the
overall performance of agricultural systems.
By analyzing these variables collectively, the project ensures coherence and avoids fragmented
conclusions.

Methodology

1. Exploratory Data Analysis (EDA):


o Assess data trends for area harvested, yield, and production.
o Identify patterns, outliers, and regional variations.
2. Regression and Predictive Modeling:
o Develop models to predict yield and production quantities based on area
harvested and other variables.
3. Comparative Analysis:
o Compare trends across regions and crop types to identify best practices.
4. Visualization and Reporting:
o Use charts and graphs to present findings in an accessible manner.

Existing Practices and Contributions

Existing practices in agriculture often involve siloed analysis of productivity or sustainability.


This project integrates multiple dimensions—economic, environmental, and operational—to
provide holistic insights. Contributions include:

 Identifying underperforming regions in terms of land and resource usage.


 Providing actionable insights into optimizing crop planning.
 Supporting sustainable agricultural practices by highlighting efficient land use strategies.
 Novel recommendations for land use and crop planning.
 Predictive insights for future yield and financial performance.
 Highlighting sustainability practices for policymakers and agribusinesses.

How This Project Adds Value

1. Provides integrated insights on farming efficiency and sustainability.


2. Guides farmers and policymakers in strategic decision-making.
3. Promotes resource conservation and long-term profitability.
4. Offers a framework that aligns environmental and economic goals.
5. Highlights critical drivers of agricultural productivity (area harvested, yield, production).
6. Supports farmers, agribusinesses, and policymakers in making data-driven decisions.
7. Promotes efficient resource allocation and sustainable farming practices.
8. Provides a global perspective on agricultural performance using validated FAO data.

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