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Minnesota Sports Facilities Authority 1005 4th Street South Minneapolis, MN 55415REQUEST FOR PROPOSALS 2023 Eaton Battery Replacement Project FOR CAPITAL IMPROVEMENT TO U.S. BANK STADIUM IN MINNEAPOLIS,
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Exploratory data analysis (EDA) is an approach to analyzing data sets to summarize their main characteristics, often with visual methods. It is used in various fields like statistics, data science, and research to understand data properties before applying statistical modeling.
Researchers, data scientists, and analysts are typically required to perform exploratory data analysis as part of their data analysis workflow to ensure they understand the data before proceeding with more complex statistical analyses or modeling.
To conduct exploratory data analysis, one typically follows these steps: 1) Collect and clean the data, 2) Use summary statistics to describe the data, 3) Visualize the data using graphs and charts, 4) Identify patterns, trends, and anomalies, and 5) Draw preliminary conclusions based on the findings.
The purpose of exploratory data analysis is to provide insights into the data, identify patterns and relationships, detect anomalies, formulate hypotheses, and guide further data collection and analysis methods.
Information that must be reported in exploratory data analysis includes summary statistics, visual representations of data distributions, correlation between variables, missing data treatment, and any observed trends or patterns.
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