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Problem Statement II

The document discusses the expected results from analyzing a dataset about clients with payment difficulties. Learners are asked to present their analysis approach, deal with missing data, identify outliers and data imbalance, explain the results of their univariate, bivariate and correlation analyses, and include visualizations and key insights in a presentation.

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kiran
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31 views

Problem Statement II

The document discusses the expected results from analyzing a dataset about clients with payment difficulties. Learners are asked to present their analysis approach, deal with missing data, identify outliers and data imbalance, explain the results of their univariate, bivariate and correlation analyses, and include visualizations and key insights in a presentation.

Uploaded by

kiran
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Problem Statement - II

Results Expected by Learners


Present the overall approach of the analysis in a presentation. Mention the problem

statement and the analysis approach briefly.

Identify the missing data and use appropriate method to deal with it. (Remove

columns/or replace it with an appropriate value)

Hint: Note that in EDA, since it is not necessary to replace the missing value, but if you

have to replace the missing value, what should be the approach. Clearly mention the

approach.

Identify if there are outliers in the dataset. Also, mention why do you think it is an

outlier. Again, remember that for this exercise, it is not necessary to remove any data
points.

Identify if there is data imbalance in the data. Find the ratio of data imbalance.
Hint: How will you analyse the data in case of data imbalance? You can plot more than

one type of plot to analyse the different aspects due to data imbalance. For example, you
can choose your own scale for the graphs, i.e. one can plot in terms of percentage or

absolute value. Do this analysis for the ‘Target variable’ in the dataset ( clients with
payment difficulties and all other cases). Use a mix of univariate and bivariate analysis

etc.
Hint: Since there are a lot of columns, you can run your analysis in loops for the

appropriate columns
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Explain the results
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of univariate, segmented univariate, bivariate analysis, etc. in business

terms.
Find the top 10 correlation for the Client with payment difficulties and all other cases

(Target variable). Note that you have to find the top correlation by segmenting the data
frame w.r.t to the target variable and then find the top correlation for each of the

segmented data and find if any insight is there. Say, there are 5+1(target) variables in a
dataset: Var1, Var2, Var3, Var4, Var5, Target. And if you have to find top 3 correlation, it
can be: Var1 & Var2, Var2 & Var3, Var1 & Var3. Target variable will not feature in this

correlation as it is a categorical variable and not a continuous variable which is increasing

or decreasing.

Include visualisations and summarise the most important results in the presentation.
You are free to choose the graphs which explain the numerical/categorical variables.

Insights should explain why the variable is important for differentiating the clients with

payment difficulties with all other cases.

You need to submit one/two Ipython notebook which clearly explains the thought

process behind your analysis (either in comments of markdown text), code and relevant

plots. The presentation file needs to be in PDF format and should contain the points

discussed above with the necessary visualisations. Also, all the visualisations and plots
must be done in Python(should be present in the Ipython notebook), though they may be

recreated in Tableau for better aesthetics in the PPT file.

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