BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Big Data
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Exploratory Data Analysis (EDA)
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Business Analytics
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Volume
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Detailed explanation-1: -The main purpose of EDA is to help look at data before making any assumptions. It can help identify obvious errors, as well as better understand patterns within the data, detect outliers or anomalous events, find interesting relations among the variables.
Detailed explanation-2: -Exploratory Data Analysis is a data analytics process to understand the data in depth and learn the different data characteristics, often with visual means. This allows you to get a better feel of your data and find useful patterns in it.
Detailed explanation-3: -Exploratory Data Analysis (EDA) is an approach to analyze the data using visual techniques. It is used to discover trends, patterns, or to check assumptions with the help of statistical summary and graphical representations.
Detailed explanation-4: -What is exploratory data analysis? A rigid framework by which we analyze data. An initial way by which we can get a feel for data. A type of purely quantitative method of data analysis. A set of scientific principles for analyzing data in a categorical manner.