Question
Which of the following methods is most commonly used
during data wrangling to handle missing values in a dataset?Solution
Replacing missing values with the mean or median is one of the most common methods used during data wrangling. This method is preferred when the missing values are not randomly distributed, and there is a need to fill gaps without introducing significant bias. The mean is often used for normally distributed data, while the median is preferred for skewed data, as it is less sensitive to outliers. This technique allows analysts to retain all the available data and proceed with analysis without losing important information, which could otherwise distort statistical analyses or machine learning models. Option A (Remove rows with missing data) is incorrect because it can lead to a significant loss of data, especially if the missing values are scattered across the dataset. Option B (Replace missing values with zeros) is not ideal because replacing with zeros can distort the analysis, especially if zeros don't make sense in the context of the data. Option D (Ignore the missing values) is not recommended as it might lead to biased results or inaccuracies in analysis. Option E (Use machine learning to predict missing values) is correct in advanced scenarios but typically used after more straightforward methods (like mean/median imputation) have been applied.
Which of the following leads to an outward shift in the supply curve
Which of the following is true for a normal good when there is a decrease in consumer income?
Which of the following applies to the physical linkage approach for the valuation of environmental benefits
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
Suppose we regress the dependent variableĀ yĀ on four independent variablesĀ x1,Ā x2,Ā x3, andĀ x4. After running the regression onĀ nĀ = 16 observatio...
Suppose we regress the dependent variable y on four independent variables x1, x2, x3, and x4. After running the regression on n = 16 observations, we ha...
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Which of the following statements is INCORRECT about the Finance Commission?
Which of the following are features of India's Green Revolution from the mid-1960s to the mid-1980s?
(1) Increase in crop productivity