Mark As Completed Discussion

Univariate, Bivariate, Multivariate Analysis

When we talk about Univariate, Bivariate, Multivariate analysis we are referring to classifications of Exploratory Analysis, which refers to:

‘The critical process of performing initial investigations on data so as to discover patterns, to spot anomalies, to test hypothesis and to check assumptions with the help of summary statistics and graphical representations.’

We need to conduct this analysis to understand our data better and also to guide us in the right direction when choosing what machine learning model to implement.