EDA is an essential step in data analysis, as it involves analyzing data to reveal its main characteristics, patterns, anomalies, and relationships before moving on to complex modeling. It is particularly valuable because it allows analysts to gain insights and understand the data's distribution, which informs the subsequent steps in the data science workflow. Through techniques like visualizations (histograms, scatter plots) and summary statistics, EDA helps highlight trends and outliers, enabling better decision-making in model selection and feature engineering. Option A is incorrect because EDA is exploratory, not confirmatory; it does not "prove" hypotheses but rather helps formulate them. Option B is incorrect since EDA involves understanding data characteristics, not just organizing it into categories. Option D is incorrect because EDA complements, but does not replace, machine learning models. Option E is incorrect as while EDA involves some cleaning, its primary purpose is to explore data characteristics.
Akash invested some money in a venture for a period of 5 months. After 3 months of his investing, Brijesh invested some amount such that the ratio of in...
Anuj and Bheem began a business by investing Rs. Z and Rs. (Z + 2,500), respectively. After operating together for 16 months, Anuj withdrew from the bu...
A started a business with an investment of Rs. 1000. After some months, B joins the business with an investment of Rs.3000 and after two more months C j...
Seeta, Geeta and Reeta invested Rs. 8000, Rs. 10000 and Rs. 12000 respectively. Partnership condition is that, each will get interest on his capital at ...
‘A’ and ‘B’ invested Rs. 4000 and Rs. 2000, respectively in a business, together. After 7 months, ‘A’ withdrew 20% of his initial investment...
P started a business with an investment of Rs.10000, after 8 months Q joined him with Rs.15000 and after another 8 months R joined them with Rs.20000. I...
Gold, Silver and Bronze invested money in the ratio of 1/2:1/3:1/4 in a business. After 4 months, Gold doubled his investment and after 6 months, Silver...
Sonia and Isha started a business with investments of Rs. 3100 and Rs. 2300, respectively. Four months into the business, Jai joined them with an invest...
Ashish started a business by investing Rs. 4900. Few months later; Ramesh joined him by investing Rs. 5600 such that at the end of the year, the profit ...
Ashish started a business by investing Rs. 6300. Few months later; Ramesh joined him by investing Rs. 8000 such that at the end of the year, the profit ...