Procedure to do Exploratory Data Analysis…
Procedure to do Exploratory Data Analysis… EDA-Exploratory Data Analysis “Data is the new oil” is a common saying nowadays in the areas of marketing, medical science, economics, finance, any research field, and the IT industry. New Oil, i.e., Data is a collection of numbers, words, events, facts, measurements, and observations. The data after processing gives us information. The information leads to useful knowledge. So for that, we need to do some analysis on data. Exploratory Data Analysis: It is a process of examining or understanding the data and extracting insights from the data. EDA is very essential because it is a good practice to first understand the problem statement and the various relationships between the data features before getting your hands dirty. 1) First Observe the dataset whether it is a Supervised(classification) problem or an Unsupervised(cluster) problem. 2) Next observe the variables and their data types, i.e., how many have quanti...