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Yulu_Hypothesis_Testing

Yulu

About Yulu

Yulu is India’s leading micro-mobility service provider, which offers unique vehicles for the daily commute. Starting off as a mission to eliminate traffic congestion in India, Yulu provides the safest commute solution through a user-friendly mobile app to enable shared, solo, and sustainable commuting.

Yulu zones are located at all the appropriate locations (including metro stations, bus stands, office spaces, residential areas, corporate offices, etc) to make those first and last miles smooth, affordable, and convenient!

Problem Statement

Yulu has recently suffered considerable dips in its revenues. They have contracted a consulting company to understand the factors on which the demand for these shared electric cycles depends. Specifically, they want to understand the factors affecting the demand for these shared electric cycles in the Indian market.

The company wants to know:

• Which variables are significant in predicting the demand for shared electric cycles in the Indian market?

• How well those variables describe the electric cycle demands

Dataset

Yulu

Tool used

Python

Insights

  • Weather and seasons are dependent on each other.
  • On Clear Weather conditions, rental bike counts are maximum.
  • Rental bike counts are higher in the fall and winter seasons.
  • There is no statistical difference in the avg. of the rental bikes on working days and non-working days
  • Count of rented cycles is dependent upon weather conditions and in different seasons.

Recommendations

  • During spring, Yulu should provide some discounts and offers to increase the use of rental bikes.
  • During weather of rain, The mean of total rental bikes is lower than others. As Yulu provides bike services, customers can't use it in rainy times. so Yulu should provide some cab services during this weather.
  • As humidity increases the total number of rental bikes decreases, so, Yulu should provide benefits during these humid days.
  • Yulu can increase the use of rental bikes by providing some city tour offers, events, or campaigns during non-working days.
  • Yulu can convert its casual users to registered users by providing some discounts or registration offers to convert casual users to registered users.
  • As mostly there is clear weather, Yulu should focus on the increase in total rental bikes during clear weather days.