Mention some of the EDA Techniques?

Exploratory Data Analysis (EDA) helps analysts to understand the data better and forms the foundation of better models.

Visualization

  • Univariate visualization
  • Bivariate visualization
  • Multivariate visualization

Missing Value Treatment – Replace missing values with Either Mean/Median

Outlier Detection – Use Boxplot to identify the distribution of Outliers, then Apply IQR to set the boundary for IQR

Transformation – Based on the distribution, apply a transformation on the features

Scaling the Dataset – Apply MinMax, Standard Scaler or Z Score Scaling mechanism to scale the data.

Feature Engineering – Need of the domain, and SME knowledge helps Analyst find derivative fields which can fetch more information about the nature of the data

Dimensionality reduction — Helps in reducing the volume of data without losing much information