CFA Practice Question

There are 155 practice questions for this study session.

CFA Practice Question

Histograms, box plots and scatterplots are used in the ______ stage of data exploration.

A. feature engineering
B. feature selection
C. exploratory data analysis
Correct Answer: C

Exploratory data analysis (EDA) is the first step in your data analysis process. It is about knowing your data, gaining a certain amount of familiarity with the data, before one starts to extract insights from it. These methods help share knowledge among the team to help derive optimal solutions.

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