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Becoming a real-time enterprise Businesses often go on a journey that traverses several stages of maturity when they establish an EDA. Governing an event-driven expansion Many organizations reach a point where use of events is expanding rapidly.
Photo by Luke Chesser on Unsplash EDA is a powerful method to get insights from the data that can solve many unsolvable problems in business. In the increasingly competitive world, understanding the data and taking quicker actions based on that help create differentiation for the organization to stay ahead!
Their primary responsibilities include: Data Collection and Preparation Data Scientists start by gathering relevant data from various sources, including databases, APIs, and online platforms. They clean and preprocess the data to remove inconsistencies and ensure its quality.
It is therefore important to carefully plan and execute data preparation tasks to ensure the best possible performance of the machine learning model. It is also essential to evaluate the quality of the dataset by conducting exploratory data analysis (EDA), which involves analyzing the dataset’s distribution, frequency, and diversity of text.
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