Which of the following should be accomplished NEXT after understanding a business requirement for a data analysis report?

Which of the following should be accomplished NEXT after understanding a business requirement for a data analysis report?
A . Rephrase the business requirement.
B . Determine the data necessary for the analysis.
C . Build a mock dashboard/presentation layout.
D . Perform exploratory data analysis.

View Answer

Answer: B

Explanation:

Exploratory data analysis (EDA) is a process of examining and summarizing a dataset using various techniques, such as descriptive statistics, visualizations, correlations, outliers detection, and hypothesis testing. EDA can help reveal the main characteristics, patterns, trends, and insights from the data, as well as identify any problems or issues with the data quality or structure. EDA is usually performed after understanding a business requirement for a data analysis report and before building a mock dashboard/presentation layout. Therefore, the correct answer is B.

Reference: [What is Exploratory Data Analysis? | Definition and Examples], [Exploratory Data Analysis in Python]