CFA Practice Question

There are 155 practice questions for this study session.

CFA Practice Question

______ plays a vital role in data exploration stage.

A. Domain knowledge
B. Algorithm
C. Data cleaning
Correct Answer: A

Exploratory data analysis is about getting to know and understand your data before you make any assumptions about it. It helps you avoid accidentally creating inaccurate models, or building accurate models that are built on the wrong data. Domain knowledge is the key to perform the task.

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