Which data analytics technique revolutionized inventory management for major sporting goods retailers like Nike and Adidas in the last decade?

The sports retail industry is increasingly using advanced data analytics to understand customer behavior and optimize operations. This trivia poll tests your knowledge about how major sporting goods retailers leverage data analytics to gain competitive advantages in the market. From tracking customer preferences to inventory management, data has become a game-changer in the sports retail world.

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Predictive analytics using machine learning to forecast seasonal demand based on weather patterns, social media trends, and historical sales data
Basic regression analysis of previous year sales figures by store location
Random sampling of customer purchase data from flagship stores only
Manual tracking of bestselling items by category without computational analysis