Question
You are tasked with analyzing sales data from multiple
sources for a quarterly report. The raw data contains missing values and duplicate records. What should your first step in the analysis process be?Solution
Data cleaning is a critical early step in the analysis process. Without clean and accurate data, any insights derived from the analysis will be unreliable. Cleaning involves removing duplicates, handling missing values (e.g., using imputation techniques), and ensuring consistency. This step ensures the foundation of the analysis is robust.
- Option A : Building predictive models before cleaning the data can lead to biased or inaccurate results.
- Option B : Exploratory analysis comes after cleaning the data to ensure trends reflect reality.
- Option C : While partially correct, removing duplicates and averaging missing values may not always be the best method for handling these issues.
- Option E : Visualizations should be created only after cleaning and analyzing the data for accurate representation.
Tickets numbered 1 to 40 are mixed up and then a ticket drawn at random. What is the probability that the ticket drawn bears a number which is multipl...
- A sofa set was sold for Rs. 63,000 at a 10% loss. If it were sold for Rs. 75,600, what would be the profit percentage?
A seller sold a vehicle for Rs. 81,000 with the loss of 10%. At what price be sold to earn 10% profit?
A shopkeeper sold an article after giving a discount of 20% and made a profit of Rs. 80. Find the marked price of the article if cost price of the artic...
What price should a shopkeeper mark on an article costing him 300 to gain 40% after allowing a discount of 30%?
A shopkeeper marks the price of the article in such a way that after allowing 28% discount, he wants a gain of 12%. If the marked price is ₹224. then ...
- An item is sold after giving two back-to-back discounts of 25% and 10%. If its selling price comes out to be Rs. 6,075, find out the original marked price.
C and D invest in a business in a ratio of 4:5. If 10% of the total profit goes to charity and D's share is Rs.900 after the donation, what is the total...
The marked price of the washing machine is 30% above its cost price. The seller offers two successive discounts of 20% and 10%, respectively. If he incu...
The cost of an item rose by 20%. Because of this, the number of items sold dropped by 10%. What is the overall percentage change in total earnings?